JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Short Interest Update

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) saw a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 36,976 shares, a drop of 70.5% from the January 15th total of 125,158 shares. Based on an average daily volume of 125,099 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 125,099 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. IFP Advisors Inc purchased a new stake in shares of JPMorgan U.S. Value Factor ETF during the second quarter worth approximately $27,000. Realta Investment Advisors purchased a new position in JPMorgan U.S. Value Factor ETF in the 4th quarter valued at $29,000. Twin Peaks Wealth Advisors LLC acquired a new stake in JPMorgan U.S. Value Factor ETF during the 2nd quarter worth $35,000. Greenline Wealth Management LLC acquired a new stake in JPMorgan U.S. Value Factor ETF during the 4th quarter worth $44,000. Finally, Assetmark Inc. grew its holdings in shares of JPMorgan U.S. Value Factor ETF by 2,726.5% during the fourth quarter. Assetmark Inc. now owns 961 shares of the company’s stock worth $47,000 after buying an additional 927 shares in the last quarter.

JPMorgan U.S. Value Factor ETF Stock Up 0.7%

Shares of JPMorgan U.S. Value Factor ETF stock traded up $0.35 on Friday, reaching $51.68. The company’s stock had a trading volume of 32,403 shares, compared to its average volume of 120,597. The company has a market capitalization of $692.51 million, a P/E ratio of 16.37 and a beta of 1.00. The stock has a 50-day moving average price of $50.45 and a 200-day moving average price of $48.30. JPMorgan U.S. Value Factor ETF has a 52-week low of $35.62 and a 52-week high of $52.64.

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.