1,196,536 Shares in JPMorgan U.S. Value Factor ETF $JVAL Acquired by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC purchased a new position in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) during the third quarter, HoldingsChannel reports. The fund purchased 1,196,536 shares of the company’s stock, valued at approximately $69,303,000. JPMorgan U.S. Value Factor ETF accounts for approximately 1.9% of Avidian Wealth Enterprises LLC’s holdings, making the stock its 9th biggest holding. Avidian Wealth Enterprises LLC owned about 0.07% of JPMorgan U.S. Value Factor ETF at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Affinity Wealth LLC boosted its position in shares of JPMorgan U.S. Value Factor ETF by 4.8% during the 2nd quarter. Affinity Wealth LLC now owns 627,106 shares of the company’s stock worth $36,773,000 after acquiring an additional 28,767 shares in the last quarter. Bank of America Corp DE grew its holdings in JPMorgan U.S. Value Factor ETF by 4.0% during the first quarter. Bank of America Corp DE now owns 559,159 shares of the company’s stock valued at $27,320,000 after purchasing an additional 21,394 shares during the period. Goodman Advisory Group LLC purchased a new position in JPMorgan U.S. Value Factor ETF in the 4th quarter valued at approximately $19,545,000. Private Advisor Group LLC boosted 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 last quarter. Finally, Gateway Wealth Partners LLC lifted its holdings in shares of JPMorgan U.S. Value Factor ETF by 113.4% in the 1st quarter. Gateway Wealth Partners LLC now owns 44,672 shares of the company’s stock worth $2,183,000 after acquiring an additional 23,738 shares during the last quarter.

JPMorgan U.S. Value Factor ETF Stock Down 0.3%

Shares of NYSEARCA:JVAL traded down $0.16 during midday trading on Thursday, hitting $58.52. 16,760 shares of the stock traded hands, compared to its average volume of 69,045. JPMorgan U.S. Value Factor ETF has a one year low of $45.91 and a one year high of $60.64. The business’s 50 day moving average is $59.19 and its two-hundred day moving average is $56.55. The stock has a market capitalization of $1.00 billion, a PE ratio of 16.37 and a beta of 0.96.

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.