Confluence Wealth Services Inc. Has $2.14 Million Holdings in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Confluence Wealth Services Inc. raised its holdings in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 0.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 52,384 shares of the company’s stock after buying an additional 267 shares during the quarter. Confluence Wealth Services Inc. owned 0.26% of JPMorgan US Value Factor ETF worth $2,141,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Truist Financial Corp bought a new stake in shares of JPMorgan US Value Factor ETF during the fourth quarter valued at approximately $221,000. Spire Wealth Management increased its holdings in shares of JPMorgan US Value Factor ETF by 15.6% during the fourth quarter. Spire Wealth Management now owns 8,460 shares of the company’s stock valued at $325,000 after acquiring an additional 1,140 shares in the last quarter. Wealthspire Advisors LLC bought a new stake in shares of JPMorgan US Value Factor ETF during the fourth quarter valued at approximately $1,018,000. Envestnet Portfolio Solutions Inc. increased its holdings in shares of JPMorgan US Value Factor ETF by 19.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 6,870,542 shares of the company’s stock valued at $265,066,000 after acquiring an additional 1,113,094 shares in the last quarter. Finally, Thoroughbred Financial Services LLC increased its holdings in shares of JPMorgan US Value Factor ETF by 167.8% during the fourth quarter. Thoroughbred Financial Services LLC now owns 34,235 shares of the company’s stock valued at $1,320,000 after acquiring an additional 21,453 shares in the last quarter.

JPMorgan US Value Factor ETF Trading Up 0.8 %

JPMorgan US Value Factor ETF stock traded up $0.36 during trading on Friday, hitting $43.13. 76,411 shares of the company were exchanged, compared to its average volume of 121,839. The business’s 50 day moving average is $41.57 and its 200 day moving average is $40.83. JPMorgan US Value Factor ETF has a 52 week low of $32.76 and a 52 week high of $43.20. The company has a market capitalization of $856.13 million, a P/E ratio of 15.29 and a beta of 0.99.

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.