Avantax Advisory Services Inc. Trims Stock Holdings in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Avantax Advisory Services Inc. lowered its stake in shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 18.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,751 shares of the company’s stock after selling 1,750 shares during the period. Avantax Advisory Services Inc.’s holdings in JPMorgan US Value Factor ETF were worth $335,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Spire Wealth Management lifted its holdings in shares of JPMorgan US Value Factor ETF by 11.6% in the fourth quarter. Spire Wealth Management now owns 5,765 shares of the company’s stock worth $249,000 after buying an additional 597 shares in the last quarter. Acropolis Investment Management LLC purchased a new stake in JPMorgan US Value Factor ETF in the 4th quarter worth approximately $253,000. Captrust Financial Advisors boosted its holdings in JPMorgan US Value Factor ETF by 38.6% in the 3rd quarter. Captrust Financial Advisors now owns 6,896 shares of the company’s stock valued at $300,000 after purchasing an additional 1,922 shares during the period. Flow Traders U.S. LLC grew its position in shares of JPMorgan US Value Factor ETF by 11.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 7,988 shares of the company’s stock valued at $348,000 after purchasing an additional 844 shares in the last quarter. Finally, Ameritas Advisory Services LLC increased its holdings in shares of JPMorgan US Value Factor ETF by 25.5% in the fourth quarter. Ameritas Advisory Services LLC now owns 9,164 shares of the company’s stock worth $396,000 after purchasing an additional 1,864 shares during the period.

JPMorgan US Value Factor ETF Stock Performance

NYSEARCA:JVAL opened at $42.70 on Tuesday. JPMorgan US Value Factor ETF has a 52-week low of $39.10 and a 52-week high of $46.02. The stock has a fifty day moving average of $43.83 and a 200 day moving average of $43.83. The firm has a market capitalization of $708.82 million, a price-to-earnings ratio of 17.90 and a beta of 1.06.

About JPMorgan US 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.