Apollon Wealth Management LLC Takes $668,000 Position in Vanguard U.S. Momentum Factor ETF $VFMO

Apollon Wealth Management LLC purchased a new stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) in the second quarter, according to its most recent filing with the SEC. The fund purchased 3,872 shares of the company’s stock, valued at approximately $668,000.

Other institutional investors have also made changes to their positions in the company. Janney Montgomery Scott LLC acquired a new position in Vanguard U.S. Momentum Factor ETF during the 1st quarter valued at approximately $210,000. Silver Oak Securities Incorporated acquired a new position in Vanguard U.S. Momentum Factor ETF during the 1st quarter valued at approximately $173,000. Compass Ion Advisors LLC acquired a new position in Vanguard U.S. Momentum Factor ETF during the 1st quarter valued at approximately $1,056,000. TrueMark Investments LLC acquired a new position in Vanguard U.S. Momentum Factor ETF during the 1st quarter valued at approximately $370,000. Finally, JFS Wealth Advisors LLC acquired a new position in Vanguard U.S. Momentum Factor ETF during the 1st quarter valued at approximately $44,000.

Vanguard U.S. Momentum Factor ETF Price Performance

BATS:VFMO opened at $198.76 on Thursday. Vanguard U.S. Momentum Factor ETF has a 12-month low of $128.58 and a 12-month high of $179.56. The firm has a market capitalization of $1.26 billion, a P/E ratio of 22.24 and a beta of 1.08. The business has a 50 day simple moving average of $185.66 and a 200 day simple moving average of $170.15.

Vanguard U.S. Momentum Factor ETF Profile

The Vanguard U.S. Momentum Factor ETF (VFMO) is an exchange-traded fund that is based on the MSCI USA Momentum index. Vanguard U.S. Momentum Factor ETF seeks to provide long-term capital appreciation by investing in stocks with strong recent performance as determined by the advisor. VFMO was launched on Feb 13, 2018 and is managed by Vanguard.