JPMorgan U.S. Value Factor ETF $JVAL Shares Bought by Cobblestone Capital Advisors LLC NY

Cobblestone Capital Advisors LLC NY lifted its position in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 1.4% during the third quarter, HoldingsChannel reports. The firm owned 1,206,529 shares of the company’s stock after purchasing an additional 16,604 shares during the quarter. JPMorgan U.S. Value Factor ETF comprises about 2.8% of Cobblestone Capital Advisors LLC NY’s holdings, making the stock its 11th largest holding. Cobblestone Capital Advisors LLC NY owned approximately 0.10% of JPMorgan U.S. Value Factor ETF worth $57,310,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in JVAL. Avidian Wealth Enterprises LLC grew its holdings in JPMorgan U.S. Value Factor ETF by 3.6% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 996,183 shares of the company’s stock valued at $47,319,000 after purchasing an additional 34,447 shares in the last quarter. Cerity Partners LLC boosted its position in JPMorgan U.S. Value Factor ETF by 1.5% in the 2nd quarter. Cerity Partners LLC now owns 551,676 shares of the company’s stock valued at $24,401,000 after buying an additional 7,892 shares during the last quarter. Bank of America Corp DE grew its stake in shares of JPMorgan U.S. Value Factor ETF by 9.1% during the second quarter. Bank of America Corp DE now owns 496,878 shares of the company’s stock valued at $21,977,000 after acquiring an additional 41,401 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of JPMorgan U.S. Value Factor ETF by 42.9% during the second quarter. JPMorgan Chase & Co. now owns 401,083 shares of the company’s stock worth $17,740,000 after acquiring an additional 120,399 shares during the last quarter. Finally, Mainsail Financial Group LLC increased its position in shares of JPMorgan U.S. Value Factor ETF by 2.2% during the third quarter. Mainsail Financial Group LLC now owns 374,199 shares of the company’s stock worth $17,774,000 after acquiring an additional 7,939 shares during the last quarter.

JPMorgan U.S. Value Factor ETF Stock Performance

NYSEARCA:JVAL opened at $51.45 on Monday. The stock has a market cap of $689.43 million, a price-to-earnings ratio of 16.37 and a beta of 1.00. JPMorgan U.S. Value Factor ETF has a one year low of $35.62 and a one year high of $52.64. The business’s 50-day simple moving average is $50.85 and its 200 day simple moving average is $48.81.

About JPMorgan U.S. Value Factor ETF

The JPMorgan U.S. Value Factor ETF (JVAL) is an exchange-traded fund that is based on the JP Morgan US Value Factor index. The fund tracks an index of large-cap US equities that are selected and weighted by four relative valuation factors: book yield, earnings yield, dividend yield and cash flow yield. JVAL was launched on Nov 8, 2017 and is managed by JPMorgan Chase.