SVB Wealth LLC Purchases 222,679 Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

SVB Wealth LLC raised its position in shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 1,392.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 238,671 shares of the company’s stock after purchasing an additional 222,679 shares during the quarter. SVB Wealth LLC’s holdings in JPMorgan US Value Factor ETF were worth $9,208,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Confluence Wealth Services Inc. purchased a new position in JPMorgan US Value Factor ETF in the 4th quarter worth about $2,010,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in JPMorgan US Value Factor ETF in the third quarter worth approximately $52,000. LPL Financial LLC boosted its holdings in JPMorgan US Value Factor ETF by 5.2% in the third quarter. LPL Financial LLC now owns 494,749 shares of the company’s stock worth $17,138,000 after purchasing an additional 24,509 shares during the last quarter. First Citizens Bank & Trust Co. grew its position in JPMorgan US Value Factor ETF by 18.2% in the 4th quarter. First Citizens Bank & Trust Co. now owns 6,567,998 shares of the company’s stock worth $253,393,000 after purchasing an additional 1,010,945 shares during the period. Finally, Mainsail Financial Group LLC raised its stake in JPMorgan US Value Factor ETF by 692.3% during the 4th quarter. Mainsail Financial Group LLC now owns 232,384 shares of the company’s stock valued at $8,764,000 after buying an additional 203,055 shares during the last quarter.

JPMorgan US Value Factor ETF Price Performance

JVAL stock opened at $39.34 on Wednesday. JPMorgan US Value Factor ETF has a 1 year low of $32.70 and a 1 year high of $41.73. The company has a market cap of $802.54 million, a P/E ratio of 15.36 and a beta of 1.00. The stock’s fifty day moving average price is $40.24 and its 200-day moving average price is $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.