JPMorgan U.S. Value Factor ETF $JVAL Shares Sold by Mainsail Financial Group LLC

Mainsail Financial Group LLC reduced its holdings in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 9.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 376,676 shares of the company’s stock after selling 37,051 shares during the quarter. JPMorgan U.S. Value Factor ETF accounts for about 7.4% of Mainsail Financial Group LLC’s holdings, making the stock its 3rd biggest position. Mainsail Financial Group LLC owned approximately 2.13% of JPMorgan U.S. Value Factor ETF worth $21,817,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Monetary Solutions Ltd raised its holdings in shares of JPMorgan U.S. Value Factor ETF by 20.4% in the 3rd quarter. Monetary Solutions Ltd now owns 5,906 shares of the company’s stock worth $342,000 after acquiring an additional 1,000 shares during the last quarter. Fifth Third Securities Inc. bought a new position in JPMorgan U.S. Value Factor ETF in the 3rd quarter valued at about $2,243,000. Retirement Planning Group LLC bought a new position in JPMorgan U.S. Value Factor ETF in the 3rd quarter valued at about $1,019,000. IFP Advisors Inc lifted its position in JPMorgan U.S. Value Factor ETF by 26.0% in the 3rd quarter. IFP Advisors Inc now owns 1,077 shares of the company’s stock valued at $62,000 after acquiring an additional 222 shares in the last quarter. Finally, WealthPlan Investment Management LLC boosted its stake in JPMorgan U.S. Value Factor ETF by 51.1% during the 3rd quarter. WealthPlan Investment Management LLC now owns 18,856 shares of the company’s stock valued at $1,092,000 after purchasing an additional 6,373 shares during the last quarter.

JPMorgan U.S. Value Factor ETF Stock Performance

JVAL stock opened at $58.62 on Monday. The company has a market capitalization of $1.04 billion, a P/E ratio of 16.37 and a beta of 0.96. JPMorgan U.S. Value Factor ETF has a 52-week low of $45.91 and a 52-week high of $60.64. The business has a 50-day simple moving average of $59.01 and a two-hundred day simple moving average of $57.38.

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