JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Hits New 12-Month High – What’s Next?

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVALGet Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as $59.29 and last traded at $59.29, with a volume of 8507 shares. The stock had previously closed at $58.41.

JPMorgan U.S. Value Factor ETF Stock Up 2.3%

The company has a 50-day moving average price of $57.78 and a 200 day moving average price of $53.78. The firm has a market cap of $863.82 million, a price-to-earnings ratio of 16.37 and a beta of 0.95.

Institutional Trading of JPMorgan U.S. Value Factor ETF

Several hedge funds and other institutional investors have recently modified their holdings of JVAL. IFP Advisors Inc raised its stake 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 worth $39,000 after acquiring an additional 214 shares in the last quarter. Cary Street Partners Financial LLC boosted its position in JPMorgan U.S. Value Factor ETF by 1.0% in the 4th quarter. Cary Street Partners Financial LLC now owns 24,762 shares of the company’s stock valued at $1,215,000 after buying an additional 247 shares during the last quarter. Regal Investment Advisors LLC lifted its holdings in JPMorgan U.S. Value Factor ETF by 2.7% in the fourth quarter. Regal Investment Advisors LLC now owns 12,077 shares of the company’s stock valued at $593,000 after buying an additional 312 shares during the period. Private Advisor Group LLC grew its stake in shares of JPMorgan U.S. Value Factor ETF by 3.4% during the third quarter. Private Advisor Group LLC now owns 13,092 shares of the company’s stock worth $622,000 after purchasing an additional 433 shares during the period. Finally, MML Investors Services LLC increased its stake in shares of JPMorgan U.S. Value Factor ETF by 9.4% in the 4th quarter. MML Investors Services LLC now owns 5,226 shares of the company’s stock valued at $257,000 after acquiring an additional 450 shares during the last quarter.

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.

Further Reading

Receive News & Ratings for JPMorgan U.S. Value Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan U.S. Value Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.