JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Reaches New 12-Month High – Should You Buy?

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVALGet Free Report)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $59.29 and last traded at $59.29, with a volume of 8507 shares changing hands. The stock had previously closed at $58.41.

JPMorgan U.S. Value Factor ETF Stock Performance

The stock has a market cap of $857.75 million, a P/E ratio of 16.37 and a beta of 0.96. The firm has a 50 day simple moving average of $57.89 and a two-hundred day simple moving average of $53.90.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. IFP Advisors Inc increased its holdings in shares of JPMorgan U.S. Value Factor ETF by 35.0% during the third quarter. IFP Advisors Inc now owns 826 shares of the company’s stock worth $39,000 after buying an additional 214 shares in the last quarter. Cary Street Partners Financial LLC grew its position in JPMorgan U.S. Value Factor ETF by 1.0% during the 4th quarter. Cary Street Partners Financial LLC now owns 24,762 shares of the company’s stock worth $1,215,000 after acquiring an additional 247 shares during the last quarter. Regal Investment Advisors LLC grew its holdings in shares of JPMorgan U.S. Value Factor ETF by 2.7% during the fourth quarter. Regal Investment Advisors LLC now owns 12,077 shares of the company’s stock worth $593,000 after purchasing an additional 312 shares during the last quarter. Private Advisor Group LLC increased its position in JPMorgan U.S. Value Factor ETF by 3.4% in the 3rd quarter. Private Advisor Group LLC now owns 13,092 shares of the company’s stock valued at $622,000 after acquiring an additional 433 shares in the last quarter. Finally, MML Investors Services LLC raised its position in JPMorgan U.S. Value Factor ETF by 9.4% in the 4th quarter. MML Investors Services LLC now owns 5,226 shares of the company’s stock worth $257,000 after purchasing an additional 450 shares during the last quarter.

About JPMorgan U.S. Value Factor ETF

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for JPMorgan U.S. Value Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan U.S. Value Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.