Miracle Mile Advisors LLC Invests $442,000 in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Miracle Mile Advisors LLC purchased a new stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 10,152 shares of the company’s stock, valued at approximately $442,000. Miracle Mile Advisors LLC owned 0.05% of JPMorgan US Value Factor ETF at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in JVAL. Envestnet Portfolio Solutions Inc. lifted its position in shares of JPMorgan US Value Factor ETF by 1.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 4,621,460 shares of the company’s stock valued at $188,879,000 after acquiring an additional 47,671 shares during the period. First Citizens Bank & Trust Co. lifted its position in JPMorgan US Value Factor ETF by 0.7% during the second quarter. First Citizens Bank & Trust Co. now owns 4,465,216 shares of the company’s stock worth $182,493,000 after purchasing an additional 31,078 shares during the period. Cobblestone Capital Advisors LLC NY grew its stake in JPMorgan US Value Factor ETF by 2.6% during the second quarter. Cobblestone Capital Advisors LLC NY now owns 1,167,234 shares of the company’s stock worth $47,705,000 after buying an additional 29,532 shares in the last quarter. SVB Wealth LLC increased its holdings in JPMorgan US Value Factor ETF by 40.2% in the 1st quarter. SVB Wealth LLC now owns 334,603 shares of the company’s stock valued at $13,926,000 after buying an additional 95,932 shares during the period. Finally, Mainsail Financial Group LLC raised its position in shares of JPMorgan US Value Factor ETF by 18.1% in the 2nd quarter. Mainsail Financial Group LLC now owns 289,879 shares of the company’s stock valued at $11,847,000 after buying an additional 44,349 shares in the last quarter.

JPMorgan US Value Factor ETF Trading Up 0.3 %

Shares of JPMorgan US Value Factor ETF stock opened at $43.18 on Wednesday. The company has a market cap of $857.17 million, a PE ratio of 15.29 and a beta of 0.99. The company has a 50 day moving average of $42.25 and a 200-day moving average of $41.36. JPMorgan US Value Factor ETF has a 1-year low of $32.76 and a 1-year high of $43.74.

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.