JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Hits New 52-Week High – Time to Buy?

Shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) hit a new 52-week high on Tuesday . The company traded as high as $55.60 and last traded at $55.42, with a volume of 16668 shares trading hands. The stock had previously closed at $55.46.

JPMorgan U.S. Value Factor ETF Price Performance

The firm has a market cap of $753.71 million, a PE ratio of 16.37 and a beta of 0.95. The business has a fifty day moving average price of $51.10 and a two-hundred day moving average price of $50.19.

Institutional Trading of JPMorgan U.S. Value Factor ETF

Institutional investors have recently bought and sold shares of the company. Realta Investment Advisors acquired a new stake in JPMorgan U.S. Value Factor ETF during the fourth quarter valued at $29,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in JPMorgan U.S. Value Factor ETF during the first quarter valued at $37,000. IFP Advisors Inc boosted 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. Greenline Wealth Management LLC acquired a new stake in JPMorgan U.S. Value Factor ETF during the fourth quarter valued at $44,000. Finally, Assetmark Inc. boosted its position in JPMorgan U.S. Value Factor ETF by 2,726.5% during the fourth quarter. Assetmark Inc. now owns 961 shares of the company’s stock valued at $47,000 after purchasing an additional 927 shares during the last quarter.

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