Patten Group Inc. decreased its position in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL – Free Report) by 6.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 12,118 shares of the company’s stock after selling 800 shares during the period. Patten Group Inc.’s holdings in JPMorgan U.S. Value Factor ETF were worth $536,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. IFP Advisors Inc purchased a new stake in shares of JPMorgan U.S. Value Factor ETF in the 2nd quarter valued at approximately $27,000. Capital Analysts LLC grew its stake in shares of JPMorgan U.S. Value Factor ETF by 248.9% in the 1st quarter. Capital Analysts LLC now owns 949 shares of the company’s stock valued at $39,000 after buying an additional 677 shares during the period. Farther Finance Advisors LLC grew its stake in shares of JPMorgan U.S. Value Factor ETF by 98.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,558 shares of the company’s stock valued at $69,000 after buying an additional 772 shares during the period. Ascent Group LLC purchased a new stake in shares of JPMorgan U.S. Value Factor ETF in the 2nd quarter valued at approximately $200,000. Finally, Park Edge Advisors LLC purchased a new stake in shares of JPMorgan U.S. Value Factor ETF in the 2nd quarter valued at approximately $210,000.
JPMorgan U.S. Value Factor ETF Stock Performance
Shares of JVAL stock opened at $47.84 on Thursday. The firm’s 50 day moving average price is $47.11 and its 200-day moving average price is $44.11. JPMorgan U.S. Value Factor ETF has a one year low of $35.62 and a one year high of $48.42. The firm has a market cap of $554.94 million, a P/E ratio of 16.37 and a beta of 1.05.
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.
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