JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Sees Large Volume Increase – Here’s Why

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVALGet Free Report) shares saw an uptick in trading volume on Tuesday . 397,001 shares changed hands during mid-day trading, an increase of 311% from the previous session’s volume of 96,523 shares.The stock last traded at $50.82 and had previously closed at $51.45.

JPMorgan U.S. Value Factor ETF Price Performance

The firm’s fifty day simple moving average is $50.93 and its 200 day simple moving average is $48.90. The company has a market capitalization of $677.24 million, a price-to-earnings ratio of 16.37 and a beta of 1.00.

Institutional Trading of JPMorgan U.S. Value Factor ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Realta Investment Advisors acquired a new position in JPMorgan U.S. Value Factor ETF during the fourth quarter valued at $29,000. Twin Peaks Wealth Advisors LLC purchased a new position in JPMorgan U.S. Value Factor ETF during the second quarter valued at approximately $35,000. IFP Advisors Inc grew its position in JPMorgan U.S. Value Factor ETF by 35.0% during the third quarter. IFP Advisors Inc now owns 826 shares of the company’s stock valued at $39,000 after purchasing an additional 214 shares in the last quarter. Greenline Wealth Management LLC acquired a new position in JPMorgan U.S. Value Factor ETF in the 4th quarter valued at approximately $44,000. Finally, Assetmark Inc. lifted its position in JPMorgan U.S. Value Factor ETF by 2,726.5% in the 4th 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 Company Profile

(Get Free Report)

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.

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