Shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL – Get Free Report) saw strong trading volume on Wednesday . 304,092 shares traded hands during mid-day trading, an increase of 328% from the previous session’s volume of 71,091 shares.The stock last traded at $58.51 and had previously closed at $58.64.
JPMorgan U.S. Value Factor ETF Price Performance
The firm has a market capitalization of $794.10 million, a P/E ratio of 16.37 and a beta of 0.96. The stock’s 50 day moving average is $56.17 and its two-hundred day moving average is $52.44.
Institutional Trading of JPMorgan U.S. Value Factor ETF
Several institutional investors and hedge funds have recently made changes to their positions in JVAL. Captrust Financial Advisors grew its stake in shares of JPMorgan U.S. Value Factor ETF by 23,712.7% during the fourth quarter. Captrust Financial Advisors now owns 1,184,445 shares of the company’s stock worth $58,133,000 after purchasing an additional 1,179,471 shares during the period. Avidian Wealth Enterprises LLC boosted its holdings in JPMorgan U.S. Value Factor ETF by 4.0% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 1,036,358 shares of the company’s stock worth $50,864,000 after buying an additional 40,175 shares during the last quarter. CWM LLC grew its position in shares of JPMorgan U.S. Value Factor ETF by 1.3% during the 4th quarter. CWM LLC now owns 797,213 shares of the company’s stock worth $39,127,000 after buying an additional 10,268 shares during the period. Bank of America Corp DE grew its position in shares of JPMorgan U.S. Value Factor ETF by 4.0% during the 1st quarter. Bank of America Corp DE now owns 559,159 shares of the company’s stock worth $27,320,000 after buying an additional 21,394 shares during the period. Finally, Thrivent Financial for Lutherans increased its stake in shares of 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 acquiring an additional 110,666 shares during the last quarter.
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.
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