Concourse Financial Group Securities Inc. Acquires 1,702 Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Concourse Financial Group Securities Inc. boosted its holdings in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 7.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,134 shares of the company’s stock after purchasing an additional 1,702 shares during the quarter. Concourse Financial Group Securities Inc. owned approximately 0.12% of JPMorgan US Value Factor ETF worth $1,085,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Truist Financial Corp lifted its stake in JPMorgan US Value Factor ETF by 4.6% in the 4th quarter. Truist Financial Corp now owns 13,366 shares of the company’s stock worth $577,000 after purchasing an additional 587 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in JPMorgan US Value Factor ETF by 3.7% during the fourth quarter. JPMorgan Chase & Co. now owns 265,189 shares of the company’s stock valued at $11,456,000 after buying an additional 9,493 shares during the last quarter. Raymond James Financial Inc. purchased a new position in JPMorgan US Value Factor ETF during the 4th quarter valued at approximately $5,855,000. Miracle Mile Advisors LLC increased its stake in JPMorgan US Value Factor ETF by 17.9% in the 4th quarter. Miracle Mile Advisors LLC now owns 11,969 shares of the company’s stock worth $517,000 after acquiring an additional 1,817 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its holdings in shares of JPMorgan US Value Factor ETF by 0.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 215,070 shares of the company’s stock worth $9,756,000 after acquiring an additional 1,326 shares in the last quarter.

JPMorgan US Value Factor ETF Stock Performance

JVAL stock opened at $38.11 on Friday. The firm has a market cap of $604.04 million, a PE ratio of 15.63 and a beta of 1.00. JPMorgan US Value Factor ETF has a fifty-two week low of $35.62 and a fifty-two week high of $46.02. The firm has a fifty day moving average price of $41.56 and a 200 day moving average price of $43.30.

JPMorgan US 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.