JPMorgan US Momentum Factor ETF
JMOM

$56.60

0.07%

Market Cap: $1.26B

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

55% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 22

10% more capital invested

Capital invested by funds: $765M [Q1] → $843M (+$78.5M) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]

1% less funds holding

Funds holding: 71 [Q1] → 70 (-1) [Q2]

7.06% less ownership

Funds ownership: 87.46% [Q1] → 80.4% (-7.06%) [Q2]

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

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Research analyst outlook

We haven’t received any recent analyst ratings for JMOM.

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Financial journalist opinion

JMOM: Lagging The S&P 500 Momentum Index

JPMorgan U.S. Momentum Factor ETF selects Russell 1000 stocks based on 12-month risk-adjusted returns. The JMOM ETF is well-diversified across holdings, and has a sector breakdown close to its parent index, overweight in technology. JMOM is also close to the Russell 1000 in valuation, a good point for a momentum fund, and in performance, which is disappointing.

JMOM: Lagging The S&P 500 Momentum Index

This Momentum ETF Has New Friends

Finally, someone believes the trend in the S&P 500 is their friend. In mid-August, the Invesco S&P 500 Momentum ETF (SPMO) had its 2024 net inflows nearly double.

This Momentum ETF Has New Friends

JMOM: Momentum Has Made The Difference In 2024

JPMorgan U.S. Momentum Factor ETF is a robustly performing equities ETF that follows a momentum strategy. Momentum investing aims to capitalize on existing market trends by buying rising securities and selling them when they peak. The JPMorgan US Momentum Factor Index, which JMOM mirrors, has outperformed the SPY and another popular momentum ETF, MTUM, historically when financial conditions are easing.

JMOM: Momentum Has Made The Difference In 2024

Zacks Investment Research

Momentum ETFs Hit New 52-Week Highs

The rally has been broad-based this year, with momentum investing emerging as a big winner.

Momentum ETFs Hit New 52-Week Highs

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