JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Short Interest Up 14.7% in February

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 33,318 shares, a growth of 14.7% from the February 12th total of 29,037 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 32,364 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 32,364 shares, the short-interest ratio is currently 1.0 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of JPMorgan U.S. Value Factor ETF

Hedge funds have recently made changes to their positions in the stock. Cobblestone Capital Advisors LLC NY grew its stake in JPMorgan U.S. Value Factor ETF by 1.4% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 1,206,529 shares of the company’s stock worth $57,310,000 after buying an additional 16,604 shares during the last quarter. Captrust Financial Advisors lifted its position in JPMorgan U.S. Value Factor ETF by 23,712.7% in the 4th quarter. Captrust Financial Advisors now owns 1,184,445 shares of the company’s stock valued at $58,133,000 after purchasing an additional 1,179,471 shares during the last quarter. Avidian Wealth Enterprises LLC boosted its stake in JPMorgan U.S. Value Factor ETF by 4.0% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 1,036,358 shares of the company’s stock valued at $50,864,000 after purchasing an additional 40,175 shares during the period. CWM LLC grew its position in JPMorgan U.S. Value Factor ETF by 1.3% in the 4th quarter. CWM LLC now owns 797,213 shares of the company’s stock worth $39,127,000 after purchasing an additional 10,268 shares during the last quarter. Finally, Cerity Partners LLC boosted its position in shares of JPMorgan U.S. Value Factor ETF by 1.5% during the second quarter. Cerity Partners LLC now owns 551,676 shares of the company’s stock worth $24,401,000 after buying an additional 7,892 shares during the period.

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

Shares of NYSEARCA JVAL traded up $0.36 during midday trading on Tuesday, hitting $49.74. The stock had a trading volume of 23,701 shares, compared to its average volume of 95,859. JPMorgan U.S. Value Factor ETF has a 1-year low of $35.62 and a 1-year high of $52.64. The company has a fifty day moving average price of $50.96 and a 200 day moving average price of $49.12. The company has a market capitalization of $666.52 million, a price-to-earnings ratio of 16.37 and a beta of 1.00.

About JPMorgan U.S. Value Factor ETF

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.