JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Stock Short Interest Report for October

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 121,976 shares, an increase of 264.4% from the September 30th total of 33,476 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 90,378 shares, the short-interest ratio is presently 1.3 days.

Institutional Investors Weigh In On JPMorgan U.S. Value Factor ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. bought a new stake in JPMorgan U.S. Value Factor ETF in the third quarter valued at $1,168,000. BNB Wealth Management LLC lifted its holdings in shares of JPMorgan U.S. Value Factor ETF by 52.5% during the third quarter. BNB Wealth Management LLC now owns 7,367 shares of the company’s stock valued at $427,000 after acquiring an additional 2,536 shares during the period. Apollon Wealth Management LLC acquired a new stake in shares of JPMorgan U.S. Value Factor ETF in the 3rd quarter valued at $876,000. Sigma Planning Corp acquired a new stake in shares of JPMorgan U.S. Value Factor ETF in the 3rd quarter valued at $1,928,000. Finally, Monetary Solutions Ltd grew its holdings in shares of JPMorgan U.S. Value Factor ETF by 20.4% in the 3rd quarter. Monetary Solutions Ltd now owns 5,906 shares of the company’s stock worth $342,000 after purchasing an additional 1,000 shares during the last quarter.

JPMorgan U.S. Value Factor ETF Price Performance

NYSEARCA JVAL traded down $0.62 on Friday, hitting $58.96. 189,408 shares of the stock were exchanged, compared to its average volume of 70,142. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 16.37 and a beta of 0.96. The company’s 50-day moving average price is $58.96 and its two-hundred day moving average price is $55.40. JPMorgan U.S. Value Factor ETF has a 52-week low of $45.91 and a 52-week high of $60.64.

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.