JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sees Large Volume Increase – Should You Buy?

JPMorgan US Value Factor ETF (NYSEARCA:JVAL) shares saw strong trading volume on Friday . 87,947 shares traded hands during mid-day trading, an increase of 41% from the previous session’s volume of 62,497 shares.The stock last traded at $44.87 and had previously closed at $45.11.

JPMorgan US Value Factor ETF Stock Down 1.6 %

The stock has a market cap of $732.29 million, a P/E ratio of 18.53 and a beta of 1.06. The firm’s 50-day moving average is $44.25 and its two-hundred day moving average is $43.66.

Hedge Funds Weigh In On JPMorgan US Value Factor ETF

Hedge funds have recently bought and sold shares of the business. Park Edge Advisors LLC bought a new position in shares of JPMorgan US Value Factor ETF in the third quarter valued at approximately $207,000. Modera Wealth Management LLC bought a new position in JPMorgan US Value Factor ETF in the 3rd quarter worth $212,000. Berger Financial Group Inc acquired a new position in JPMorgan US Value Factor ETF during the 4th quarter worth $233,000. Spire Wealth Management lifted its position in JPMorgan US Value Factor ETF by 11.6% during the 4th quarter. Spire Wealth Management now owns 5,765 shares of the company’s stock worth $249,000 after acquiring an additional 597 shares during the last quarter. Finally, Acropolis Investment Management LLC bought a new stake in JPMorgan US Value Factor ETF during the fourth quarter valued at about $253,000.

JPMorgan US 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.