JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Hits New 1-Year High – Here’s Why

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $48.26 and last traded at $48.37, with a volume of 1075 shares traded. The stock had previously closed at $47.95.

JPMorgan U.S. Value Factor ETF Stock Up 0.3%

The firm has a market cap of $562.42 million, a P/E ratio of 16.37 and a beta of 1.05. The firm has a fifty day moving average of $46.43 and a 200-day moving average of $43.56.

Institutional Trading of JPMorgan U.S. Value Factor ETF

Several institutional investors and hedge funds have recently bought and sold shares of JVAL. Wealth Enhancement Advisory Services LLC raised its stake in JPMorgan U.S. Value Factor ETF by 1.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 27,588 shares of the company’s stock valued at $1,192,000 after buying an additional 445 shares during the period. Daymark Wealth Partners LLC raised its stake in JPMorgan U.S. Value Factor ETF by 5.7% in the first quarter. Daymark Wealth Partners LLC now owns 30,325 shares of the company’s stock valued at $1,256,000 after buying an additional 1,629 shares during the period. Columbia Advisory Partners LLC raised its stake in JPMorgan U.S. Value Factor ETF by 17.8% in the first quarter. Columbia Advisory Partners LLC now owns 140,501 shares of the company’s stock valued at $5,820,000 after buying an additional 21,276 shares during the period. Mainsail Financial Group LLC raised its stake in JPMorgan U.S. Value Factor ETF by 19.2% in the first quarter. Mainsail Financial Group LLC now owns 363,657 shares of the company’s stock valued at $15,063,000 after buying an additional 58,478 shares during the period. Finally, Defined Financial Planning LLC raised its stake in JPMorgan U.S. Value Factor ETF by 201.0% in the first quarter. Defined Financial Planning LLC now owns 141,075 shares of the company’s stock valued at $5,841,000 after buying an additional 94,206 shares during the period.

JPMorgan U.S. 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.