JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Sees Unusually-High Trading Volume – Should You Buy?

Shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) saw an uptick in trading volume on Tuesday . 536,656 shares were traded during trading, an increase of 346% from the previous session’s volume of 120,324 shares.The stock last traded at $43.37 and had previously closed at $43.46.

JPMorgan U.S. Value Factor ETF Price Performance

The firm has a market capitalization of $528.65 million, a P/E ratio of 16.42 and a beta of 0.99. The firm’s fifty day moving average price is $41.05 and its 200-day moving average price is $42.59.

Institutional Trading of JPMorgan U.S. Value Factor ETF

A number of hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. raised its holdings in JPMorgan U.S. Value Factor ETF by 10.5% during the fourth quarter. Blue Trust Inc. now owns 19,645 shares of the company’s stock valued at $849,000 after buying an additional 1,863 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in JPMorgan U.S. Value Factor ETF during the fourth quarter worth $746,000. 5T Wealth LLC bought a new stake in JPMorgan U.S. Value Factor ETF in the 4th quarter valued at $915,000. Truist Financial Corp grew its position in JPMorgan U.S. Value Factor ETF by 4.6% in the 4th quarter. Truist Financial Corp now owns 13,366 shares of the company’s stock worth $577,000 after purchasing an additional 587 shares during the last quarter. Finally, SVB Wealth LLC increased its holdings in shares of JPMorgan U.S. Value Factor ETF by 1,565.0% during the 4th quarter. SVB Wealth LLC now owns 90,092 shares of the company’s stock worth $3,892,000 after purchasing an additional 84,681 shares during the period.

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.