Retirement Planning Group LLC Makes New Investment in JPMorgan U.S. Value Factor ETF $JVAL

Retirement Planning Group LLC acquired a new stake in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 17,594 shares of the company’s stock, valued at approximately $1,019,000. Retirement Planning Group LLC owned approximately 0.10% of JPMorgan U.S. Value Factor ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in JVAL. Avidian Wealth Enterprises LLC purchased a new position in JPMorgan U.S. Value Factor ETF in the 3rd quarter worth $69,303,000. Affinity Wealth LLC boosted its position in JPMorgan U.S. Value Factor ETF by 4.8% during the second quarter. Affinity Wealth LLC now owns 627,106 shares of the company’s stock valued at $36,773,000 after buying an additional 28,767 shares during the period. Bank of America Corp DE boosted its position in JPMorgan U.S. Value Factor ETF by 4.0% during the first quarter. Bank of America Corp DE now owns 559,159 shares of the company’s stock valued at $27,320,000 after buying an additional 21,394 shares during the period. Prism Advisors Inc. bought a new position in shares of JPMorgan U.S. Value Factor ETF during the third quarter valued at about $13,647,000. Finally, Private Advisor Group LLC grew its stake in shares of JPMorgan U.S. Value Factor ETF by 252.7% during the first quarter. Private Advisor Group LLC now owns 48,645 shares of the company’s stock valued at $2,377,000 after buying an additional 34,853 shares during the last quarter.

JPMorgan U.S. Value Factor ETF Trading Up 0.9%

Shares of NYSEARCA:JVAL opened at $58.72 on Wednesday. The stock has a market capitalization of $1.03 billion, a P/E ratio of 16.37 and a beta of 0.96. The stock’s 50-day moving average price is $59.10 and its 200-day moving average price is $57.18. JPMorgan U.S. Value Factor ETF has a 12-month low of $45.91 and a 12-month high of $60.64.

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.