JS Momentum Factor ETF Witnesses Strong Trading Volume

Karachi, The JS Momentum Factor ETF (JSMFETF) observed a closing rate of Rs. 14.53 and a daily weighted average of Rs. 14.46. The fund, having a size of Rs. 55.683 million, reached a yearly high and low of Rs. 15.82 and Rs. 13.08, respectively. January 2024 saw a turnover of 3,016,500 shares, with the iNAV recorded at Rs. 9.69. Launched in 2022, with a par value of Rs. 500, JSMFETF has demonstrated a notable presence in the market since its listing.