First Heartland Consultants Inc. Makes New Investment in JPMorgan U.S. Momentum Factor ETF $JMOM

First Heartland Consultants Inc. purchased a new stake in JPMorgan U.S. Momentum Factor ETF (NYSEARCA:JMOM) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 61,365 shares of the company’s stock, valued at approximately $4,182,000. First Heartland Consultants Inc. owned about 0.24% of JPMorgan U.S. Momentum Factor ETF at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan U.S. Momentum Factor ETF by 2.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 12,246,694 shares of the company’s stock worth $860,360,000 after purchasing an additional 350,687 shares during the last quarter. Equitable Holdings Inc. increased its stake in JPMorgan U.S. Momentum Factor ETF by 8.0% during the third quarter. Equitable Holdings Inc. now owns 996,581 shares of the company’s stock valued at $67,671,000 after purchasing an additional 73,748 shares during the last quarter. JPMorgan Chase & Co. increased its stake in JPMorgan U.S. Momentum Factor ETF by 62.7% during the second quarter. JPMorgan Chase & Co. now owns 740,661 shares of the company’s stock valued at $47,617,000 after purchasing an additional 285,477 shares during the last quarter. Klaas Financial Asset Advisors LLC raised its holdings in shares of JPMorgan U.S. Momentum Factor ETF by 0.7% during the third quarter. Klaas Financial Asset Advisors LLC now owns 434,635 shares of the company’s stock worth $29,513,000 after purchasing an additional 2,832 shares during the period. Finally, Nova R Wealth Inc. raised its holdings in shares of JPMorgan U.S. Momentum Factor ETF by 1.6% during the third quarter. Nova R Wealth Inc. now owns 150,468 shares of the company’s stock worth $10,217,000 after purchasing an additional 2,355 shares during the period.

JPMorgan U.S. Momentum Factor ETF Stock Performance

JPMorgan U.S. Momentum Factor ETF stock opened at $68.71 on Tuesday. JPMorgan U.S. Momentum Factor ETF has a 1 year low of $48.68 and a 1 year high of $71.65. The firm’s 50-day moving average is $70.20 and its 200-day moving average is $68.85. The company has a market cap of $1.89 billion, a P/E ratio of 27.64 and a beta of 1.04.

JPMorgan U.S. Momentum Factor ETF Company Profile

The JPMorgan U.S. Momentum Factor ETF (JMOM) is an exchange-traded fund that is based on the JP Morgan US Momentum Factor index. The fund tracks an index of US large-cap companies with strong momentum, weighted by optimized market-cap. JMOM was launched on Nov 8, 2017 and is managed by JPMorgan Chase.