JPMorgan U.S. Value Factor ETF $JVAL Stock: Mainsail Financial Group LLC Lowers Position

Mainsail Financial Group LLC decreased its position in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 9.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 376,676 shares of the company’s stock after selling 37,051 shares during the period. JPMorgan U.S. Value Factor ETF accounts for 7.4% of Mainsail Financial Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Mainsail Financial Group LLC’s holdings in JPMorgan U.S. Value Factor ETF were worth $21,817,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JVAL. Ameritas Advisory Services LLC purchased a new stake in shares of JPMorgan U.S. Value Factor ETF during the 2nd quarter worth approximately $645,000. Private Advisor Group LLC raised its holdings in shares of JPMorgan U.S. Value Factor ETF by 252.7% in the 1st quarter. Private Advisor Group LLC now owns 48,645 shares of the company’s stock worth $2,377,000 after purchasing an additional 34,853 shares during the period. RFG Advisory LLC purchased a new position in JPMorgan U.S. Value Factor ETF in the second quarter valued at approximately $831,000. Affinity Wealth LLC lifted its stake in JPMorgan U.S. Value Factor ETF by 4.8% in the second quarter. Affinity Wealth LLC now owns 627,106 shares of the company’s stock valued at $36,773,000 after purchasing an additional 28,767 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in JPMorgan U.S. Value Factor ETF by 4.0% in the first quarter. Bank of America Corp DE now owns 559,159 shares of the company’s stock valued at $27,320,000 after purchasing an additional 21,394 shares during the last quarter.

JPMorgan U.S. Value Factor ETF Price Performance

NYSEARCA:JVAL opened at $58.62 on Monday. The company has a market capitalization of $1.04 billion, a P/E ratio of 16.37 and a beta of 0.96. The business has a fifty day simple moving average of $59.01 and a two-hundred day simple moving average of $57.38. JPMorgan U.S. Value Factor ETF has a 1 year low of $45.91 and a 1 year high of $60.64.

JPMorgan U.S. Value Factor ETF 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.