Goodman Advisory Group LLC Makes New $19.55 Million Investment in JPMorgan U.S. Value Factor ETF $JVAL

Goodman Advisory Group LLC bought a new position in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 398,231 shares of the company’s stock, valued at approximately $19,545,000. JPMorgan U.S. Value Factor ETF comprises about 4.8% of Goodman Advisory Group LLC’s holdings, making the stock its 4th biggest position. Goodman Advisory Group LLC owned 2.97% of JPMorgan U.S. Value Factor ETF at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of JVAL. Realta Investment Advisors purchased a new position in JPMorgan U.S. Value Factor ETF in the 4th quarter worth about $29,000. IFP Advisors Inc raised its position in JPMorgan U.S. Value Factor ETF by 35.0% in the 3rd quarter. IFP Advisors Inc now owns 826 shares of the company’s stock worth $39,000 after buying an additional 214 shares during the last quarter. Assetmark Inc. boosted its holdings in JPMorgan U.S. Value Factor ETF by 2,726.5% in the fourth quarter. Assetmark Inc. now owns 961 shares of the company’s stock worth $47,000 after purchasing an additional 927 shares during the last quarter. Lodestone Wealth Management LLC purchased a new stake in JPMorgan U.S. Value Factor ETF in the fourth quarter worth approximately $99,000. Finally, Geneos Wealth Management Inc. boosted its holdings in JPMorgan U.S. Value Factor ETF by 27.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,599 shares of the company’s stock worth $128,000 after purchasing an additional 552 shares during the last quarter.

JPMorgan U.S. Value Factor ETF Trading Down 1.6%

Shares of JVAL stock opened at $56.24 on Thursday. JPMorgan U.S. Value Factor ETF has a 12-month low of $42.87 and a 12-month high of $58.59. The firm’s 50 day moving average is $54.09 and its 200 day moving average is $51.52. The stock has a market capitalization of $764.86 million, a P/E ratio of 16.37 and a beta of 0.96.

JPMorgan U.S. Value Factor ETF Company Profile

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.