Thoroughbred Financial Services LLC Sells 504 Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Thoroughbred Financial Services LLC reduced its stake in shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 1.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 34,994 shares of the company’s stock after selling 504 shares during the period. Thoroughbred Financial Services LLC owned approximately 0.18% of JPMorgan US Value Factor ETF worth $1,511,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JVAL. L & S Advisors Inc boosted its holdings in shares of JPMorgan US Value Factor ETF by 3.7% in the 4th quarter. L & S Advisors Inc now owns 15,008 shares of the company’s stock worth $648,000 after purchasing an additional 537 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in JPMorgan US Value Factor ETF by 3.7% in the fourth quarter. JPMorgan Chase & Co. now owns 265,189 shares of the company’s stock worth $11,456,000 after buying an additional 9,493 shares in the last quarter. LPL Financial LLC grew its position in JPMorgan US Value Factor ETF by 3.3% during the fourth quarter. LPL Financial LLC now owns 832,819 shares of the company’s stock valued at $35,978,000 after acquiring an additional 26,431 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in shares of JPMorgan US Value Factor ETF by 0.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 215,070 shares of the company’s stock worth $9,756,000 after acquiring an additional 1,326 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of JPMorgan US Value Factor ETF in the 4th quarter worth approximately $5,855,000.

JPMorgan US Value Factor ETF Stock Performance

Shares of JPMorgan US Value Factor ETF stock opened at $37.12 on Friday. The stock has a market capitalization of $605.06 million, a price-to-earnings ratio of 17.43 and a beta of 1.06. The company has a fifty day moving average of $43.19 and a 200-day moving average of $43.74. JPMorgan US Value Factor ETF has a 52-week low of $37.12 and a 52-week high of $46.02.

JPMorgan US Value Factor ETF Cuts Dividend

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

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.