Cwm LLC Raises Stock Holdings in JPMorgan U.S. Value Factor ETF $JVAL

Cwm LLC raised its holdings in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 797,213 shares of the company’s stock after buying an additional 10,268 shares during the quarter. Cwm LLC owned about 0.06% of JPMorgan U.S. Value Factor ETF worth $39,127,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JVAL. Thrivent Financial for Lutherans purchased a new stake in JPMorgan U.S. Value Factor ETF in the third quarter valued at about $15,458,000. Orion Porfolio Solutions LLC raised its stake in JPMorgan U.S. Value Factor ETF by 45.5% in the second quarter. Orion Porfolio Solutions LLC now owns 252,941 shares of the company’s stock valued at $11,188,000 after buying an additional 79,067 shares during the last quarter. Susquehanna International Group LLP raised its stake in JPMorgan U.S. Value Factor ETF by 902.8% in the third quarter. Susquehanna International Group LLP now owns 80,866 shares of the company’s stock valued at $3,841,000 after buying an additional 72,802 shares during the last quarter. Bank of America Corp DE raised its stake in JPMorgan U.S. Value Factor ETF by 9.1% in the second quarter. Bank of America Corp DE now owns 496,878 shares of the company’s stock valued at $21,977,000 after buying an additional 41,401 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC raised its stake in JPMorgan U.S. Value Factor ETF by 3.6% in the third quarter. Avidian Wealth Enterprises LLC now owns 996,183 shares of the company’s stock valued at $47,319,000 after buying an additional 34,447 shares during the last quarter.

JPMorgan U.S. Value Factor ETF Stock Performance

JPMorgan U.S. Value Factor ETF stock opened at $52.32 on Friday. The stock has a 50-day moving average of $50.46 and a two-hundred day moving average of $49.50. JPMorgan U.S. Value Factor ETF has a one year low of $37.04 and a one year high of $52.64. The stock has a market cap of $706.32 million, a PE ratio of 16.37 and a beta of 0.94.

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.