JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) Shares Sold by Gallacher Capital Management LLC

Gallacher Capital Management LLC cut its stake in JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 4.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,250 shares of the company’s stock after selling 847 shares during the period. Gallacher Capital Management LLC owned 0.29% of JPMorgan US Momentum Factor ETF worth $880,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of JMOM. Householder Group Estate & Retirement Specialist LLC raised its position in JPMorgan US Momentum Factor ETF by 160.8% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,103 shares of the company’s stock worth $50,000 after buying an additional 680 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in JPMorgan US Momentum Factor ETF by 2.9% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 41,990 shares of the company’s stock worth $1,723,000 after buying an additional 1,177 shares during the last quarter. Arlington Trust Co LLC purchased a new position in JPMorgan US Momentum Factor ETF during the 4th quarter worth approximately $75,000. Raymond James & Associates raised its position in JPMorgan US Momentum Factor ETF by 20.6% during the 4th quarter. Raymond James & Associates now owns 11,847 shares of the company’s stock worth $542,000 after buying an additional 2,022 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC raised its position in JPMorgan US Momentum Factor ETF by 3.1% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 84,321 shares of the company’s stock worth $3,855,000 after buying an additional 2,514 shares during the last quarter.

JPMorgan US Momentum Factor ETF Stock Up 1.0 %

Shares of NYSEARCA:JMOM traded up $0.51 during trading on Friday, hitting $50.80. 46,916 shares of the stock traded hands, compared to its average volume of 130,127. The company has a market cap of $858.52 million, a price-to-earnings ratio of 22.87 and a beta of 1.01. The company has a fifty day moving average price of $51.37 and a two-hundred day moving average price of $47.23. JPMorgan US Momentum Factor ETF has a 52-week low of $38.50 and a 52-week high of $52.95.

JPMorgan US 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.