Prism Advisors Inc. Makes New Investment in JPMorgan U.S. Value Factor ETF $JVAL

Prism Advisors Inc. purchased a new position in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 232,402 shares of the company’s stock, valued at approximately $13,647,000. JPMorgan U.S. Value Factor ETF accounts for approximately 3.5% of Prism Advisors Inc.’s portfolio, making the stock its 10th biggest holding. Prism Advisors Inc. owned approximately 1.36% of JPMorgan U.S. Value Factor ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Avidian Wealth Enterprises LLC bought a new position in JPMorgan U.S. Value Factor ETF during the third quarter worth about $69,303,000. Affinity Wealth LLC boosted its holdings in JPMorgan U.S. Value Factor ETF by 4.8% in the 2nd quarter. Affinity Wealth LLC now owns 627,106 shares of the company’s stock worth $36,773,000 after buying an additional 28,767 shares during the period. Bank of America Corp DE grew its stake in JPMorgan U.S. Value Factor ETF by 4.0% in the 1st quarter. Bank of America Corp DE now owns 559,159 shares of the company’s stock valued at $27,320,000 after buying an additional 21,394 shares in the last quarter. Private Advisor Group LLC raised its holdings 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 acquiring an additional 34,853 shares during the period. Finally, Gateway Wealth Partners LLC lifted its position in shares of JPMorgan U.S. Value Factor ETF by 113.4% during the first quarter. Gateway Wealth Partners LLC now owns 44,672 shares of the company’s stock worth $2,183,000 after acquiring an additional 23,738 shares in the last quarter.

JPMorgan U.S. Value Factor ETF Price Performance

JPMorgan U.S. Value Factor ETF stock opened at $58.90 on Friday. The firm has a market capitalization of $1.01 billion, a P/E ratio of 16.37 and a beta of 0.96. JPMorgan U.S. Value Factor ETF has a one year low of $45.91 and a one year high of $60.64. The business has a fifty day moving average price of $59.23 and a 200-day moving average price of $56.64.

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.