Retirement Planning Group LLC bought a new position in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL – Free Report) during the 3rd quarter, Holdings Channel.com reports. The firm bought 17,594 shares of the company’s stock, valued at approximately $1,019,000.
Other hedge funds also recently made changes to their positions in the company. Avidian Wealth Enterprises LLC purchased a new position in shares of JPMorgan U.S. Value Factor ETF in the third quarter worth $69,303,000. Prism Advisors Inc. purchased a new stake in JPMorgan U.S. Value Factor ETF during the 3rd quarter valued at $13,647,000. Private Advisor Group LLC boosted its position in JPMorgan U.S. Value Factor ETF by 252.7% during the 1st quarter. Private Advisor Group LLC now owns 48,645 shares of the company’s stock valued at $2,377,000 after buying an additional 34,853 shares during the period. B. Riley Wealth Advisors Inc. purchased a new stake in JPMorgan U.S. Value Factor ETF during the 3rd quarter valued at $1,891,000. Finally, Affinity Wealth LLC boosted its position in JPMorgan U.S. Value Factor ETF by 4.8% during the 2nd quarter. Affinity Wealth LLC now owns 627,106 shares of the company’s stock valued at $36,773,000 after buying an additional 28,767 shares during the period.
JPMorgan U.S. Value Factor ETF Stock Up 0.9%
Shares of JPMorgan U.S. Value Factor ETF stock opened at $58.72 on Wednesday. The firm has a market cap of $1.03 billion, a PE ratio of 16.37 and a beta of 0.96. JPMorgan U.S. Value Factor ETF has a 12-month low of $45.91 and a 12-month high of $60.64. The company’s fifty day simple moving average is $59.10 and its two-hundred day simple moving average is $57.18.
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.
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