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

by · The Cerbat Gem

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL – Get Free Report) shares saw strong trading volume on Thursday . 281,406 shares traded hands during mid-day trading, an increase of 274% from the previous session’s volume of 75,154 shares.The stock last traded at $55.13 and had previously closed at $55.04.

JPMorgan U.S. Value Factor ETF Price Performance

The company has a market capitalization of $752.49 million, a P/E ratio of 16.37 and a beta of 0.95. The stock’s 50 day simple moving average is $51.67 and its two-hundred day simple moving average is $50.51.

Hedge Funds Weigh In On JPMorgan U.S. Value Factor ETF

A number of institutional investors have recently modified their holdings of the stock. IFP Advisors Inc raised its stake in shares of JPMorgan U.S. Value Factor ETF by 35.0% in the third quarter. IFP Advisors Inc now owns 826 shares of the company’s stock worth $39,000 after acquiring an additional 214 shares during the last quarter. Cary Street Partners Financial LLC raised its stake in shares of JPMorgan U.S. Value Factor ETF by 1.0% in the fourth quarter. Cary Street Partners Financial LLC now owns 24,762 shares of the company’s stock worth $1,215,000 after acquiring an additional 247 shares during the last quarter. Regal Investment Advisors LLC raised its stake in shares of 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 worth $593,000 after acquiring an additional 312 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of JPMorgan U.S. Value Factor ETF by 3.4% in the third quarter. Private Advisor Group LLC now owns 13,092 shares of the company’s stock worth $622,000 after acquiring an additional 433 shares during the last quarter. Finally, MML Investors Services LLC raised its stake in shares of JPMorgan U.S. Value Factor ETF by 9.4% in the fourth quarter. MML Investors Services LLC now owns 5,226 shares of the company’s stock worth $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.

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