Prism Advisors Inc. bought a new position in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 232,402 shares of the company’s stock, valued at approximately $13,647,000. JPMorgan U.S. Value Factor ETF accounts for about 3.5% of Prism Advisors Inc.’s portfolio, making the stock its 10th largest position.
Several other institutional investors and hedge funds have also bought and sold shares of JVAL. Geneos Wealth Management Inc. boosted its holdings in JPMorgan U.S. Value Factor ETF by 22.4% in the 1st 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. Whittier Trust Co. of Nevada Inc. bought a new position in shares of JPMorgan U.S. Value Factor ETF in the first quarter worth $37,000. Western Wealth Management LLC bought a new position in shares of JPMorgan U.S. Value Factor ETF in the first quarter worth $45,000. Triad Wealth Partners LLC increased its holdings in shares of JPMorgan U.S. Value Factor ETF by 26.6% in the first quarter. Triad Wealth Partners LLC now owns 8,057 shares of the company’s stock worth $394,000 after purchasing an additional 1,691 shares during the period. Finally, Kestra Advisory Services LLC raised its position in shares of JPMorgan U.S. Value Factor ETF by 31.8% in the first quarter. Kestra Advisory Services LLC now owns 7,266 shares of the company’s stock worth $355,000 after buying an additional 1,752 shares in the last quarter.
JPMorgan U.S. Value Factor ETF Stock Performance
NYSEARCA:JVAL opened at $58.90 on Friday. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 16.37 and a beta of 0.96. JPMorgan U.S. Value Factor ETF has a 52-week low of $45.91 and a 52-week high of $60.64. The stock has a fifty day moving average of $59.23 and a 200 day moving average of $56.64.
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. JVAL was launched on Nov 8, 2017 and is managed by JPMorgan Chase.
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