JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Sees Strong Trading Volume – Here’s What Happened

Shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVALGet Free Report) saw strong trading volume on Thursday . 753,516 shares changed hands during mid-day trading, an increase of 502% from the previous session’s volume of 125,245 shares.The stock last traded at $50.4690 and had previously closed at $50.25.

JPMorgan U.S. Value Factor ETF Stock Performance

The firm has a market cap of $618.56 million, a price-to-earnings ratio of 16.37 and a beta of 1.00. The company’s 50-day moving average is $48.85 and its 200-day moving average is $47.21.

Institutional Trading of JPMorgan U.S. Value Factor ETF

A number of large investors have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC lifted its position in shares of JPMorgan U.S. Value Factor ETF by 11.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 39,091 shares of the company’s stock worth $1,981,000 after acquiring an additional 4,054 shares in the last quarter. Triumph Capital Management bought a new position in shares of JPMorgan U.S. Value Factor ETF in the third quarter worth approximately $134,000. IFP Advisors Inc lifted its position in JPMorgan U.S. Value Factor ETF by 35.0% during the third quarter. IFP Advisors Inc now owns 826 shares of the company’s stock valued at $39,000 after purchasing an additional 214 shares during the last quarter. CIBC Private Wealth Group LLC grew its stake in JPMorgan U.S. Value Factor ETF by 7.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 21,139 shares of the company’s stock worth $1,004,000 after buying an additional 1,488 shares in the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in shares of JPMorgan U.S. Value Factor ETF in the 3rd quarter worth $1,004,000.

JPMorgan U.S. Value Factor ETF Company Profile

(Get Free Report)

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. JVAL was launched on Nov 8, 2017 and is managed by JPMorgan Chase.

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