Cetera Investment Advisers Raises Stock Holdings in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Cetera Investment Advisers increased its position in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 0.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 139,347 shares of the company’s stock after purchasing an additional 1,008 shares during the period. Cetera Investment Advisers owned 0.70% of JPMorgan US Value Factor ETF worth $6,020,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cary Street Partners Financial LLC purchased a new stake in JPMorgan US Value Factor ETF in the fourth quarter worth $1,076,000. Bank of America Corp DE boosted its holdings in JPMorgan US Value Factor ETF by 5.6% in the fourth quarter. Bank of America Corp DE now owns 443,777 shares of the company’s stock worth $19,171,000 after acquiring an additional 23,588 shares in the last quarter. Comerica Bank boosted its holdings in JPMorgan US Value Factor ETF by 4.2% in the fourth quarter. Comerica Bank now owns 9,556 shares of the company’s stock worth $413,000 after acquiring an additional 382 shares in the last quarter. Berger Financial Group Inc bought a new stake in JPMorgan US Value Factor ETF in the fourth quarter worth $233,000. Finally, Goodman Advisory Group LLC boosted its holdings in JPMorgan US Value Factor ETF by 4.2% in the fourth quarter. Goodman Advisory Group LLC now owns 430,919 shares of the company’s stock worth $18,616,000 after acquiring an additional 17,529 shares in the last quarter.

JPMorgan US Value Factor ETF Trading Up 0.3%

JPMorgan US Value Factor ETF stock opened at $42.65 on Wednesday. The business’s fifty day simple moving average is $40.24 and its two-hundred day simple moving average is $42.91. JPMorgan US Value Factor ETF has a 12 month low of $35.62 and a 12 month high of $46.02. The company has a market capitalization of $537.39 million, a price-to-earnings ratio of 16.27 and a beta of 0.99.

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.