JMOM Profile
The JPMorgan U.S. Momentum Factor ETF (JMOM) functions as an exchange-traded fund that mirrors the performance of the JP Morgan US Momentum Factor index. Launched on November 8, 2017, JMOM is designed to track an index composed of large-cap U.S. companies exhibiting robust momentum characteristics. These companies are selected based on their recent strong performance trends, reflecting their ability to sustain upward price momentum in the market.
JMOM employs an optimized market-cap weighting methodology to allocate its holdings, emphasizing companies with the highest momentum scores within the large-cap segment of the U.S. equity market. This approach aims to capture potential capital appreciation opportunities driven by the continued strength and positive market sentiment surrounding these momentum-driven stocks.
JPMorgan Chase, the issuer of JMOM, is a leading global financial services firm renowned for its comprehensive range of financial products and services. Through its asset management division, JPMorgan Asset Management, the firm offers a diverse suite of ETFs designed to cater to various investment strategies and objectives. JMOM exemplifies JPMorgan's commitment to providing investors with access to innovative investment solutions that leverage quantitative analysis and market insights.
Investing in JMOM through JPMorgan Chase allows investors to benefit from the firm's extensive research capabilities and investment expertise in identifying and selecting companies poised to deliver strong momentum-driven performance. The ETF's focus on large-cap U.S. companies with significant momentum potential seeks to align with market trends and investor preferences for growth-oriented strategies within the dynamic U.S. equity market landscape.
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