Private Advisor Group LLC Buys 34,853 Shares of JPMorgan U.S. Value Factor ETF $JVAL

Private Advisor Group LLC raised its stake in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 252.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,645 shares of the company’s stock after buying an additional 34,853 shares during the quarter. Private Advisor Group LLC’s holdings in JPMorgan U.S. Value Factor ETF were worth $2,377,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of JVAL. Captrust Financial Advisors grew its holdings in JPMorgan U.S. Value Factor ETF by 23,712.7% during the fourth quarter. Captrust Financial Advisors now owns 1,184,445 shares of the company’s stock valued at $58,133,000 after purchasing an additional 1,179,471 shares during the period. Avidian Wealth Enterprises LLC raised its holdings in JPMorgan U.S. Value Factor ETF by 4.0% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 1,036,358 shares of the company’s stock worth $50,864,000 after purchasing an additional 40,175 shares during the period. CWM LLC raised its holdings in JPMorgan U.S. Value Factor ETF by 1.3% in the fourth quarter. CWM LLC now owns 797,213 shares of the company’s stock worth $39,127,000 after purchasing an additional 10,268 shares during the period. Bank of America Corp DE raised its holdings in JPMorgan U.S. Value Factor ETF by 3.8% in the third quarter. Bank of America Corp DE now owns 515,612 shares of the company’s stock worth $24,492,000 after purchasing an additional 18,734 shares during the period. Finally, Thrivent Financial for Lutherans boosted its position in shares of JPMorgan U.S. Value Factor ETF by 34.0% during the fourth quarter. Thrivent Financial for Lutherans now owns 436,091 shares of the company’s stock worth $21,582,000 after purchasing an additional 110,666 shares in the last quarter.

JPMorgan U.S. Value Factor ETF Stock Up 0.3%

Shares of JVAL stock opened at $58.30 on Friday. JPMorgan U.S. Value Factor ETF has a 12-month low of $43.88 and a 12-month high of $59.20. The firm has a market capitalization of $827.86 million, a price-to-earnings ratio of 16.37 and a beta of 0.95. The firm has a fifty day moving average of $56.92 and a 200-day moving average of $52.89.

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.