Private Advisor Group LLC lifted its holdings in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL – Free Report) by 252.7% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 48,645 shares of the company’s stock after buying an additional 34,853 shares during the quarter. Private Advisor Group LLC owned approximately 0.36% of JPMorgan U.S. Value Factor ETF worth $2,377,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also modified their holdings of the business. Realta Investment Advisors acquired a new position in JPMorgan U.S. Value Factor ETF during the 4th quarter valued at about $29,000. IFP Advisors Inc grew 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 purchasing an additional 214 shares during the last quarter. Greenline Wealth Management LLC acquired a new stake in shares of JPMorgan U.S. Value Factor ETF in the fourth quarter valued at approximately $44,000. Assetmark Inc. increased its stake in shares of 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 valued at $47,000 after purchasing an additional 927 shares during the period. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of JPMorgan U.S. Value Factor ETF in the fourth quarter valued at approximately $99,000.
JPMorgan U.S. Value Factor ETF Trading Up 0.3%
Shares of NYSEARCA JVAL opened at $58.30 on Friday. JPMorgan U.S. Value Factor ETF has a 12-month low of $43.88 and a 12-month high of $59.20. The company has a market cap of $827.86 million, a PE ratio of 16.37 and a beta of 0.95. The stock has a 50 day simple moving average of $56.92 and a 200-day simple moving average of $52.89.
JPMorgan U.S. Value Factor ETF 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.
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