Fifth Third Securities Inc. Acquires New Position in JPMorgan U.S. Value Factor ETF $JVAL

Fifth Third Securities Inc. bought a new position in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 38,730 shares of the company’s stock, valued at approximately $2,243,000.

A number of other large investors also recently bought and sold shares of JVAL. Retirement Planning Group LLC acquired a new position in shares of JPMorgan U.S. Value Factor ETF in the 3rd quarter worth approximately $1,019,000. IFP Advisors Inc increased its holdings in shares of JPMorgan U.S. Value Factor ETF by 26.0% in the 3rd quarter. IFP Advisors Inc now owns 1,077 shares of the company’s stock valued at $62,000 after acquiring an additional 222 shares during the last quarter. WealthPlan Investment Management LLC raised its position in shares of JPMorgan U.S. Value Factor ETF by 51.1% during the 3rd quarter. WealthPlan Investment Management LLC now owns 18,856 shares of the company’s stock valued at $1,092,000 after acquiring an additional 6,373 shares in the last quarter. First Citizens Bank & Trust Co. bought a new position in JPMorgan U.S. Value Factor ETF during the third quarter worth $305,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in JPMorgan U.S. Value Factor ETF during the third quarter worth $1,891,000.

JPMorgan U.S. Value Factor ETF Price Performance

JPMorgan U.S. Value Factor ETF stock opened at $58.98 on Thursday. The company has a market cap of $1.04 billion, a PE ratio of 16.37 and a beta of 0.96. The company has a fifty day moving average price of $59.08 and a two-hundred day moving average price of $57.25. JPMorgan U.S. Value Factor ETF has a 12 month low of $45.91 and a 12 month high of $60.64.

JPMorgan U.S. Value Factor ETF 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.