Blue Trust Inc. Purchases 14,049 Shares of JPMorgan U.S. Value Factor ETF $JVAL

Blue Trust Inc. raised its position in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 62.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,590 shares of the company’s stock after buying an additional 14,049 shares during the quarter. Blue Trust Inc. owned 0.27% of JPMorgan U.S. Value Factor ETF worth $1,788,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in JVAL. Captrust Financial Advisors grew its stake in shares of JPMorgan U.S. Value Factor ETF by 23,712.7% in the fourth quarter. Captrust Financial Advisors now owns 1,184,445 shares of the company’s stock valued at $58,133,000 after acquiring an additional 1,179,471 shares in the last quarter. Goodman Advisory Group LLC acquired a new stake in JPMorgan U.S. Value Factor ETF in the 4th quarter worth about $19,545,000. Mariner LLC boosted its holdings in JPMorgan U.S. Value Factor ETF by 890.6% in the 4th quarter. Mariner LLC now owns 150,781 shares of the company’s stock valued at $7,400,000 after purchasing an additional 135,560 shares during the period. Thrivent Financial for Lutherans boosted its holdings in JPMorgan U.S. Value Factor ETF by 34.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 436,091 shares of the company’s stock valued at $21,582,000 after purchasing an additional 110,666 shares during the period. Finally, Orion Porfolio Solutions LLC grew its position in shares of JPMorgan U.S. Value Factor ETF by 45.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 252,941 shares of the company’s stock worth $11,188,000 after purchasing an additional 79,067 shares in the last quarter.

JPMorgan U.S. Value Factor ETF Trading Up 1.3%

Shares of JVAL opened at $58.17 on Friday. JPMorgan U.S. Value Factor ETF has a 12 month low of $43.63 and a 12 month high of $59.20. The firm’s 50 day moving average is $55.82 and its 200-day moving average is $52.26. The stock has a market capitalization of $791.11 million, a PE 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.