JPMorgan U.S. Value Factor ETF $JVAL Stake Decreased by Apeiron RIA LLC

Apeiron RIA LLC decreased its holdings in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 12.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 144,456 shares of the company’s stock after selling 19,935 shares during the quarter. JPMorgan U.S. Value Factor ETF comprises approximately 1.9% of Apeiron RIA LLC’s portfolio, making the stock its 15th biggest holding. Apeiron RIA LLC’s holdings in JPMorgan U.S. Value Factor ETF were worth $8,436,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of JPMorgan U.S. Value Factor ETF during the 1st quarter worth $37,000. Western Wealth Management LLC purchased a new position in shares of JPMorgan U.S. Value Factor ETF in the 1st quarter valued at about $45,000. Fifth Third Bancorp acquired a new stake in shares of JPMorgan U.S. Value Factor ETF in the first quarter valued at about $140,000. Geneos Wealth Management Inc. lifted its stake in shares of JPMorgan U.S. Value Factor ETF by 22.4% in the first quarter. Geneos Wealth Management Inc. now owns 3,180 shares of the company’s stock valued at $155,000 after purchasing an additional 581 shares during the period. Finally, Kintra Wealth LLC purchased a new stake in JPMorgan U.S. Value Factor ETF during the second quarter worth about $217,000.

JPMorgan U.S. Value Factor ETF Stock Performance

JVAL stock traded down $0.24 during trading on Thursday, reaching $58.44. 16,760 shares of the company were exchanged, compared to its average volume of 69,045. The stock’s 50 day moving average price is $59.19 and its 200 day moving average price is $56.55. JPMorgan U.S. Value Factor ETF has a 52-week low of $45.91 and a 52-week high of $60.64. The company has a market cap of $999.39 million, a P/E ratio of 16.37 and a beta of 0.96.

JPMorgan U.S. Value Factor ETF 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. JVAL was launched on Nov 8, 2017 and is managed by JPMorgan Chase.