Gateway Wealth Partners LLC Has $2.18 Million Stake in JPMorgan U.S. Value Factor ETF $JVAL

Gateway Wealth Partners LLC lifted its holdings in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 113.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 44,672 shares of the company’s stock after acquiring an additional 23,738 shares during the quarter. Gateway Wealth Partners LLC’s holdings in JPMorgan U.S. Value Factor ETF were worth $2,183,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in JPMorgan U.S. Value Factor ETF by 29.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 104,835 shares of the company’s stock valued at $5,145,000 after buying an additional 23,903 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of JPMorgan U.S. Value Factor ETF by 252.7% during the 1st quarter. Private Advisor Group LLC now owns 48,645 shares of the company’s stock valued at $2,377,000 after acquiring an additional 34,853 shares during the period. Thrivent Financial for Lutherans raised its stake in JPMorgan U.S. Value Factor ETF by 34.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 436,091 shares of the company’s stock valued at $21,582,000 after purchasing an additional 110,666 shares in the last quarter. Goodman Advisory Group LLC bought a new stake in JPMorgan U.S. Value Factor ETF during the fourth quarter worth about $19,545,000. Finally, CWM LLC grew its stake in JPMorgan U.S. Value Factor ETF by 1.3% during the fourth quarter. CWM LLC now owns 797,213 shares of the company’s stock worth $39,127,000 after buying an additional 10,268 shares in the last quarter.

JPMorgan U.S. Value Factor ETF Stock Up 0.6%

Shares of JPMorgan U.S. Value Factor ETF stock opened at $57.69 on Tuesday. JPMorgan U.S. Value Factor ETF has a 12-month low of $43.88 and a 12-month high of $59.20. The company has a market capitalization of $830.74 million, a price-to-earnings ratio of 16.37 and a beta of 0.95. The firm’s 50-day moving average price is $57.53 and its two-hundred day moving average price is $53.53.

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. JVAL was launched on Nov 8, 2017 and is managed by JPMorgan Chase.