Private Advisor Group LLC Has $518,000 Stock Position in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL)

Private Advisor Group LLC reduced its stake in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 4.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,510 shares of the company’s stock after selling 648 shares during the quarter. Private Advisor Group LLC owned about 0.10% of JPMorgan U.S. Value Factor ETF worth $518,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Berger Financial Group Inc acquired a new position in JPMorgan U.S. Value Factor ETF in the fourth quarter valued at approximately $233,000. Perigon Wealth Management LLC lifted its stake in JPMorgan U.S. Value Factor ETF by 14.6% in the first quarter. Perigon Wealth Management LLC now owns 7,152 shares of the company’s stock valued at $296,000 after buying an additional 913 shares during the period. Comerica Bank lifted its stake in JPMorgan U.S. Value Factor ETF by 4.2% in the fourth quarter. Comerica Bank now owns 9,556 shares of the company’s stock valued at $413,000 after buying an additional 382 shares during the period. Ameritas Advisory Services LLC lifted its stake in JPMorgan U.S. Value Factor ETF by 7.3% in the first quarter. Ameritas Advisory Services LLC now owns 9,832 shares of the company’s stock valued at $407,000 after buying an additional 668 shares during the period. Finally, Acropolis Investment Management LLC lifted its stake in JPMorgan U.S. Value Factor ETF by 72.2% in the first quarter. Acropolis Investment Management LLC now owns 10,090 shares of the company’s stock valued at $418,000 after buying an additional 4,230 shares during the period.

JPMorgan U.S. Value Factor ETF Stock Performance

Shares of JVAL opened at $45.12 on Thursday. JPMorgan U.S. Value Factor ETF has a 52-week low of $35.62 and a 52-week high of $46.02. The business’s 50 day moving average price is $43.93 and its two-hundred day moving average price is $42.72. The firm has a market cap of $527.90 million, a PE ratio of 16.37 and a beta of 1.05.

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.