JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sees Unusually-High Trading Volume – Here’s Why

JPMorgan US Value Factor ETF (NYSEARCA:JVAL) saw an uptick in trading volume on Monday . 48,320 shares changed hands during trading, an increase of 7% from the previous session’s volume of 45,332 shares.The stock last traded at $42.86 and had previously closed at $42.82.

JPMorgan US Value Factor ETF Stock Performance

The firm has a market cap of $855.14 million, a P/E ratio of 15.29 and a beta of 0.99. The stock has a fifty day simple moving average of $44.40 and a 200 day simple moving average of $43.06.

Institutional Trading of JPMorgan US Value Factor ETF

A number of large investors have recently made changes to their positions in the stock. Park Edge Advisors LLC bought a new stake in shares of JPMorgan US Value Factor ETF during the 3rd quarter valued at about $207,000. Modera Wealth Management LLC bought a new stake in JPMorgan US Value Factor ETF during the third quarter valued at approximately $212,000. Captrust Financial Advisors increased its holdings in JPMorgan US Value Factor ETF by 38.6% during the third quarter. Captrust Financial Advisors now owns 6,896 shares of the company’s stock valued at $300,000 after buying an additional 1,922 shares during the last quarter. Flow Traders U.S. LLC raised its position in JPMorgan US Value Factor ETF by 11.8% in the third quarter. Flow Traders U.S. LLC now owns 7,988 shares of the company’s stock worth $348,000 after acquiring an additional 844 shares during the period. Finally, Miracle Mile Advisors LLC bought a new position in JPMorgan US Value Factor ETF in the third quarter worth approximately $442,000.

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.