JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Sees Unusually-High Trading Volume – What’s Next?

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) shares saw unusually-strong trading volume on Thursday . Approximately 240,097 shares changed hands during mid-day trading, an increase of 157% from the previous session’s volume of 93,322 shares.The stock last traded at $49.03 and had previously closed at $49.16.

JPMorgan U.S. Value Factor ETF Stock Down 0.5%

The stock has a 50-day moving average of $50.92 and a 200 day moving average of $49.14. The stock has a market cap of $655.66 million, a PE ratio of 16.37 and a beta of 1.00.

Institutional Investors Weigh In On JPMorgan U.S. Value Factor ETF

Several hedge funds and other institutional investors have recently bought and sold shares of JVAL. IFP Advisors Inc raised 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 worth $39,000 after acquiring an additional 214 shares in the last quarter. Acropolis Investment Management LLC boosted its holdings in JPMorgan U.S. Value Factor ETF by 2.4% in the third quarter. Acropolis Investment Management LLC now owns 9,885 shares of the company’s stock valued at $437,000 after purchasing an additional 235 shares in the last quarter. Cary Street Partners Financial LLC increased its stake in JPMorgan U.S. Value Factor ETF by 1.0% in the fourth quarter. Cary Street Partners Financial LLC now owns 24,762 shares of the company’s stock valued at $1,215,000 after purchasing an additional 247 shares during the last quarter. Regal Investment Advisors LLC increased its stake in JPMorgan U.S. Value Factor ETF by 2.7% in the fourth quarter. Regal Investment Advisors LLC now owns 12,077 shares of the company’s stock valued at $593,000 after purchasing an additional 312 shares during the last quarter. Finally, Private Advisor Group LLC raised its holdings in JPMorgan U.S. Value Factor ETF by 3.4% during the third quarter. Private Advisor Group LLC now owns 13,092 shares of the company’s stock worth $622,000 after purchasing an additional 433 shares in the last quarter.

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.