Signet Financial Management LLC Reduces Holdings in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Signet Financial Management LLC reduced its holdings in shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 3.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,456 shares of the company’s stock after selling 658 shares during the quarter. Signet Financial Management LLC owned approximately 0.12% of JPMorgan US Value Factor ETF worth $828,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Advisory Services Network LLC purchased a new stake in shares of JPMorgan US Value Factor ETF during the first quarter worth about $26,000. ICA Group Wealth Management LLC purchased a new stake in shares of JPMorgan US Value Factor ETF during the fourth quarter worth about $28,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of JPMorgan US Value Factor ETF during the third quarter worth about $52,000. Geneos Wealth Management Inc. grew its holdings in shares of JPMorgan US Value Factor ETF by 25.1% during the third quarter. Geneos Wealth Management Inc. now owns 1,995 shares of the company’s stock worth $69,000 after buying an additional 400 shares in the last quarter. Finally, UBS Group AG purchased a new stake in shares of JPMorgan US Value Factor ETF during the first quarter worth about $79,000.

JPMorgan US Value Factor ETF Price Performance

Shares of NYSEARCA JVAL opened at $39.34 on Wednesday. The company has a market cap of $802.54 million, a PE ratio of 15.36 and a beta of 1.00. JPMorgan US Value Factor ETF has a 12 month low of $32.70 and a 12 month high of $41.73. The company has a 50-day simple moving average of $40.24 and a 200-day simple moving average of $37.82.

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.