Orion Portfolio Solutions LLC Decreases Stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Orion Portfolio Solutions LLC reduced its position in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 1.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 197,309 shares of the company’s stock after selling 1,927 shares during the period. Orion Portfolio Solutions LLC owned 0.99% of JPMorgan US Value Factor ETF worth $8,524,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Householder Group Estate & Retirement Specialist LLC lifted its stake in shares of JPMorgan US Value Factor ETF by 2.4% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 22,820 shares of the company’s stock valued at $985,000 after buying an additional 537 shares in the last quarter. Truist Financial Corp raised its holdings in JPMorgan US Value Factor ETF by 4.6% during the 4th quarter. Truist Financial Corp now owns 13,366 shares of the company’s stock valued at $577,000 after acquiring an additional 587 shares during the period. Spire Wealth Management lifted its position in shares of JPMorgan US Value Factor ETF by 11.6% during the fourth quarter. Spire Wealth Management now owns 5,765 shares of the company’s stock worth $249,000 after acquiring an additional 597 shares in the last quarter. Flow Traders U.S. LLC boosted its holdings in shares of 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, Cobblestone Asset Management LLC grew its position in shares of JPMorgan US Value Factor ETF by 7.8% in the fourth quarter. Cobblestone Asset Management LLC now owns 12,480 shares of the company’s stock valued at $539,000 after purchasing an additional 901 shares in the last quarter.

JPMorgan US Value Factor ETF Stock Performance

Shares of JVAL opened at $41.18 on Friday. JPMorgan US Value Factor ETF has a 52-week low of $39.10 and a 52-week high of $46.02. The stock’s 50-day simple moving average is $43.67 and its 200 day simple moving average is $43.81. The stock has a market capitalization of $671.23 million, a price-to-earnings ratio of 17.43 and a beta of 1.06.

JPMorgan US Value Factor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a $0.1839 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

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.