398,231 Shares in JPMorgan U.S. Value Factor ETF $JVAL Acquired by Goodman Advisory Group LLC

Goodman Advisory Group LLC purchased a new stake in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 398,231 shares of the company’s stock, valued at approximately $19,545,000. JPMorgan U.S. Value Factor ETF comprises about 4.8% of Goodman Advisory Group LLC’s investment portfolio, making the stock its 4th biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in JVAL. Realta Investment Advisors purchased a new stake in shares of JPMorgan U.S. Value Factor ETF during the 4th quarter valued at about $29,000. IFP Advisors Inc increased its position in shares of JPMorgan U.S. Value Factor ETF by 35.0% during the 3rd quarter. IFP Advisors Inc now owns 826 shares of the company’s stock valued at $39,000 after purchasing an additional 214 shares during the last quarter. Assetmark Inc. increased its position in shares of JPMorgan U.S. Value Factor ETF by 2,726.5% during the 4th quarter. Assetmark Inc. now owns 961 shares of the company’s stock valued at $47,000 after purchasing an additional 927 shares during the last quarter. Lodestone Wealth Management LLC purchased a new stake in shares of JPMorgan U.S. Value Factor ETF during the 4th quarter valued at about $99,000. Finally, Geneos Wealth Management Inc. increased its position in shares of JPMorgan U.S. Value Factor ETF by 27.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,599 shares of the company’s stock valued at $128,000 after purchasing an additional 552 shares during the last quarter.

JPMorgan U.S. Value Factor ETF Stock Down 1.6%

NYSEARCA JVAL opened at $56.24 on Thursday. JPMorgan U.S. Value Factor ETF has a 52 week low of $42.87 and a 52 week high of $58.59. The firm has a market capitalization of $764.86 million, a P/E ratio of 16.37 and a beta of 0.96. The company has a 50-day moving average price of $54.09 and a 200-day moving average price of $51.52.

JPMorgan U.S. 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. JVAL was launched on Nov 8, 2017 and is managed by JPMorgan Chase.