JS Momentum Factor ETF Gains Momentum

Karachi, The JS Momentum Factor ETF (JSMFETF), introduced in 2022, has been gaining momentum in the market. It reported a daily weighted average rate of Rs. 14.65, slightly adjusting to Rs. 14.58. With a fund size of Rs. 17.649 million, it saw a high rate of Rs. 13.53 and a low rate of Rs. 7.56 in 2023, culminating in a turnover of 35,391,500. The ETF’s iNAV is noted at Rs. 9.69.

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