JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. trimmed its position in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 0.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 255,696 shares of the company’s stock after selling 1,419 shares during the period. JPMorgan Chase & Co. owned about 1.29% of JPMorgan US Value Factor ETF worth $11,141,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of JVAL. Confluence Wealth Services Inc. grew its stake in shares of JPMorgan US Value Factor ETF by 0.5% during the 3rd quarter. Confluence Wealth Services Inc. now owns 52,651 shares of the company’s stock valued at $2,294,000 after buying an additional 267 shares during the period. Patten Group Inc. raised its position in JPMorgan US Value Factor ETF by 3.2% in the third quarter. Patten Group Inc. now owns 11,533 shares of the company’s stock valued at $502,000 after purchasing an additional 363 shares during the period. Private Advisor Group LLC lifted its stake in shares of JPMorgan US Value Factor ETF by 5.3% during the third quarter. Private Advisor Group LLC now owns 13,197 shares of the company’s stock worth $575,000 after purchasing an additional 667 shares in the last quarter. Flow Traders U.S. LLC boosted its position in shares of JPMorgan US Value Factor ETF by 11.8% in the third quarter. Flow Traders U.S. LLC now owns 7,988 shares of the company’s stock worth $348,000 after buying an additional 844 shares during the period. Finally, Captrust Financial Advisors grew its stake in shares of JPMorgan US Value Factor ETF by 38.6% in the third quarter. Captrust Financial Advisors now owns 6,896 shares of the company’s stock valued at $300,000 after buying an additional 1,922 shares in the last quarter.

JPMorgan US Value Factor ETF Stock Performance

Shares of NYSEARCA:JVAL opened at $42.82 on Monday. The company has a market cap of $849.98 million, a P/E ratio of 15.29 and a beta of 0.99. JPMorgan US Value Factor ETF has a one year low of $37.56 and a one year high of $46.02. The business’s 50-day simple moving average is $44.40 and its 200 day simple moving average is $43.06.

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.