Avaii Wealth Management LLC Buys New Position in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Avaii Wealth Management LLC purchased a new position in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 5,437 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors also recently bought and sold shares of the stock. Addison Advisors LLC boosted its holdings in JPMorgan US Value Factor ETF by 1,209.1% in the 4th quarter. Addison Advisors LLC now owns 4,320 shares of the company’s stock worth $167,000 after buying an additional 3,990 shares during the period. Good Life Advisors LLC bought a new position in shares of JPMorgan US Value Factor ETF during the 4th quarter valued at about $200,000. Snider Financial Group purchased a new position in shares of JPMorgan US Value Factor ETF during the fourth quarter valued at about $209,000. Truist Financial Corp bought a new stake in shares of JPMorgan US Value Factor ETF in the fourth quarter worth about $221,000. Finally, Spire Wealth Management lifted its position in shares of JPMorgan US Value Factor ETF by 14.6% in the third quarter. Spire Wealth Management now owns 7,320 shares of the company’s stock worth $254,000 after buying an additional 930 shares in the last quarter.

JPMorgan US Value Factor ETF Price Performance

NYSEARCA JVAL opened at $40.11 on Tuesday. The business has a 50 day simple moving average of $40.30 and a two-hundred day simple moving average of $38.11. JPMorgan US Value Factor ETF has a 1-year low of $32.70 and a 1-year high of $41.73. The stock has a market capitalization of $802.10 million, a PE ratio of 14.80 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.