Cetera Investment Advisers Increases Stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Cetera Investment Advisers raised its stake in shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,347 shares of the company’s stock after buying an additional 1,008 shares during the quarter. Cetera Investment Advisers’ holdings in JPMorgan US Value Factor ETF were worth $6,020,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Cary Street Partners Financial LLC purchased a new stake in JPMorgan US Value Factor ETF during the 4th quarter valued at approximately $1,076,000. Bank of America Corp DE grew its holdings in JPMorgan US Value Factor ETF by 5.6% during the 4th quarter. Bank of America Corp DE now owns 443,777 shares of the company’s stock valued at $19,171,000 after buying an additional 23,588 shares in the last quarter. Comerica Bank grew its holdings in JPMorgan US Value Factor ETF by 4.2% during the 4th quarter. Comerica Bank now owns 9,556 shares of the company’s stock valued at $413,000 after buying an additional 382 shares in the last quarter. Berger Financial Group Inc purchased a new stake in JPMorgan US Value Factor ETF during the 4th quarter valued at approximately $233,000. Finally, Goodman Advisory Group LLC grew its holdings in JPMorgan US Value Factor ETF by 4.2% during the 4th quarter. Goodman Advisory Group LLC now owns 430,919 shares of the company’s stock valued at $18,616,000 after buying an additional 17,529 shares in the last quarter.

JPMorgan US Value Factor ETF Price Performance

Shares of JVAL opened at $42.65 on Wednesday. JPMorgan US Value Factor ETF has a 1 year low of $35.62 and a 1 year high of $46.02. The company has a 50 day simple moving average of $40.24 and a two-hundred day simple moving average of $42.91. The firm has a market cap of $537.39 million, a P/E ratio of 16.27 and a beta of 0.99.

JPMorgan US 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.