Intrust Bank NA Sells 1,870 Shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM)

Intrust Bank NA lowered its stake in shares of JPMorgan US Momentum Factor ETF (NYSEARCA:JMOM) by 3.3% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 55,074 shares of the company’s stock after selling 1,870 shares during the period. Intrust Bank NA’s holdings in JPMorgan US Momentum Factor ETF were worth $3,209,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Orion Portfolio Solutions LLC raised its holdings in JPMorgan US Momentum Factor ETF by 8.0% in the 4th quarter. Orion Portfolio Solutions LLC now owns 63,762 shares of the company’s stock valued at $3,715,000 after acquiring an additional 4,722 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of JPMorgan US Momentum Factor ETF by 180.7% during the fourth quarter. JPMorgan Chase & Co. now owns 265,709 shares of the company’s stock valued at $15,483,000 after purchasing an additional 171,043 shares during the period. Hershey Financial Advisers LLC acquired a new position in shares of JPMorgan US Momentum Factor ETF in the fourth quarter valued at $464,000. LPL Financial LLC lifted its position in JPMorgan US Momentum Factor ETF by 10.3% in the fourth quarter. LPL Financial LLC now owns 241,063 shares of the company’s stock worth $14,047,000 after purchasing an additional 22,576 shares during the period. Finally, Oxford Financial Group LTD. LLC acquired a new stake in JPMorgan US Momentum Factor ETF during the fourth quarter worth $376,000.

JPMorgan US Momentum Factor ETF Price Performance

Shares of JPMorgan US Momentum Factor ETF stock opened at $56.08 on Friday. JPMorgan US Momentum Factor ETF has a 52-week low of $49.29 and a 52-week high of $62.61. The firm has a market capitalization of $1.28 billion, a PE ratio of 26.13 and a beta of 1.05. The company’s fifty day moving average price is $59.70 and its two-hundred day moving average price is $59.12.

JPMorgan US Momentum Factor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.1127 dividend. The ex-dividend date was Tuesday, March 25th. This is a boost from JPMorgan US Momentum Factor ETF’s previous dividend of $0.11.

About JPMorgan US Momentum Factor ETF

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.