JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sees Large Volume Increase

JPMorgan US Value Factor ETF (NYSEARCA:JVAL) shares saw unusually-high trading volume on Tuesday . Approximately 270,388 shares traded hands during trading, an increase of 158% from the previous session’s volume of 104,970 shares.The stock last traded at $40.76 and had previously closed at $40.67.

JPMorgan US Value Factor ETF Stock Up 0.4 %

The stock has a 50 day simple moving average of $40.67 and a 200 day simple moving average of $39.90. The company has a market cap of $810.48 million, a price-to-earnings ratio of 15.29 and a beta of 0.99.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Envestnet Portfolio Solutions Inc. lifted its stake in shares of JPMorgan US Value Factor ETF by 19.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 6,870,542 shares of the company’s stock worth $265,066,000 after acquiring an additional 1,113,094 shares in the last quarter. First Citizens Bank & Trust Co. raised its stake in JPMorgan US Value Factor ETF by 18.2% during the fourth quarter. First Citizens Bank & Trust Co. now owns 6,567,998 shares of the company’s stock valued at $253,393,000 after buying an additional 1,010,945 shares in the last quarter. Cerity Partners LLC raised its stake in JPMorgan US Value Factor ETF by 2.2% during the fourth quarter. Cerity Partners LLC now owns 573,677 shares of the company’s stock valued at $22,132,000 after buying an additional 12,182 shares in the last quarter. Capital Analysts LLC raised its stake in JPMorgan US Value Factor ETF by 0.9% during the fourth quarter. Capital Analysts LLC now owns 521,388 shares of the company’s stock valued at $20,115,000 after buying an additional 4,782 shares in the last quarter. Finally, SVB Wealth LLC raised its stake in JPMorgan US Value Factor ETF by 40.2% during the first quarter. SVB Wealth LLC now owns 334,603 shares of the company’s stock valued at $13,926,000 after buying an additional 95,932 shares in the last quarter.

About JPMorgan US 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.