JPMorgan U.S. Value Factor ETF $JVAL Stock Holdings Increased by Royal Bank of Canada

Royal Bank of Canada grew its holdings in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 71.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 31,692 shares of the company’s stock after acquiring an additional 13,243 shares during the quarter. Royal Bank of Canada owned about 0.23% of JPMorgan U.S. Value Factor ETF worth $1,549,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Gateway Wealth Partners LLC lifted its holdings in JPMorgan U.S. Value Factor ETF by 113.4% in the first quarter. Gateway Wealth Partners LLC now owns 44,672 shares of the company’s stock worth $2,183,000 after purchasing an additional 23,738 shares during the period. Geneos Wealth Management Inc. raised its position in shares of JPMorgan U.S. Value Factor ETF by 22.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,180 shares of the company’s stock worth $155,000 after buying an additional 581 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of JPMorgan U.S. Value Factor ETF during the 1st quarter worth about $140,000. Kestra Advisory Services LLC raised its position in shares of JPMorgan U.S. Value Factor ETF by 31.8% during the 1st 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. Finally, Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of JPMorgan U.S. Value Factor ETF in the 1st quarter worth approximately $37,000.

JPMorgan U.S. Value Factor ETF Price Performance

JPMorgan U.S. Value Factor ETF stock opened at $59.63 on Thursday. The firm has a 50 day simple moving average of $58.37 and a 200-day simple moving average of $54.54. The stock has a market capitalization of $861.65 million, a PE ratio of 16.37 and a beta of 0.96. JPMorgan U.S. Value Factor ETF has a 12-month low of $45.40 and a 12-month 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.