Avidian Wealth Enterprises LLC Purchases 10,089 Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Avidian Wealth Enterprises LLC lifted its holdings in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 2.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 366,671 shares of the company’s stock after acquiring an additional 10,089 shares during the period. JPMorgan US Value Factor ETF makes up approximately 0.7% of Avidian Wealth Enterprises LLC’s portfolio, making the stock its 26th biggest position. Avidian Wealth Enterprises LLC owned approximately 1.85% of JPMorgan US Value Factor ETF worth $15,840,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JVAL. Cobblestone Asset Management LLC boosted its stake in JPMorgan US Value Factor ETF by 20.2% during the third quarter. Cobblestone Asset Management LLC now owns 11,579 shares of the company’s stock worth $505,000 after acquiring an additional 1,942 shares in the last quarter. Mainsail Financial Group LLC increased its position in JPMorgan US Value Factor ETF by 2.0% in the 3rd quarter. Mainsail Financial Group LLC now owns 295,593 shares of the company’s stock valued at $12,858,000 after buying an additional 5,714 shares in the last quarter. Private Advisor Group LLC grew its stake in JPMorgan US Value Factor ETF by 5.3% in the third quarter. Private Advisor Group LLC now owns 13,197 shares of the company’s stock valued at $575,000 after acquiring an additional 667 shares during the period. Modera Wealth Management LLC bought a new stake in shares of JPMorgan US Value Factor ETF during the third quarter valued at approximately $212,000. Finally, Park Edge Advisors LLC bought a new stake in shares of JPMorgan US Value Factor ETF during the third quarter valued at approximately $207,000.

JPMorgan US Value Factor ETF Trading Up 0.3 %

NYSEARCA JVAL opened at $44.68 on Wednesday. The company has a market cap of $886.90 million, a P/E ratio of 15.29 and a beta of 0.99. The company has a fifty day simple moving average of $44.30 and a 200 day simple moving average of $43.54. JPMorgan US Value Factor ETF has a 12-month low of $38.49 and a 12-month high of $46.02.

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.