Avantax Advisory Services Inc. Has $271,000 Stock Position in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL)

Avantax Advisory Services Inc. cut its holdings in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 15.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,548 shares of the company’s stock after selling 1,203 shares during the period. Avantax Advisory Services Inc. owned 0.05% of JPMorgan U.S. Value Factor ETF worth $271,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Auxano Advisors LLC acquired a new position in JPMorgan U.S. Value Factor ETF during the 1st quarter valued at about $211,000. Berger Financial Group Inc acquired a new position in JPMorgan U.S. Value Factor ETF during the 4th quarter valued at about $233,000. Perigon Wealth Management LLC lifted its position in JPMorgan U.S. Value Factor ETF by 14.6% during the 1st quarter. Perigon Wealth Management LLC now owns 7,152 shares of the company’s stock valued at $296,000 after purchasing an additional 913 shares during the period. Ameritas Advisory Services LLC lifted its position in JPMorgan U.S. Value Factor ETF by 7.3% during the 1st quarter. Ameritas Advisory Services LLC now owns 9,832 shares of the company’s stock valued at $407,000 after purchasing an additional 668 shares during the period. Finally, Comerica Bank lifted its position in JPMorgan U.S. Value Factor ETF by 4.2% during the 4th quarter. Comerica Bank now owns 9,556 shares of the company’s stock valued at $413,000 after purchasing an additional 382 shares during the period.

JPMorgan U.S. Value Factor ETF Trading Up 0.6%

JPMorgan U.S. Value Factor ETF stock opened at $44.86 on Friday. JPMorgan U.S. Value Factor ETF has a 1 year low of $35.62 and a 1 year high of $46.02. The company has a market cap of $524.86 million, a PE ratio of 16.37 and a beta of 1.05. The company’s 50-day moving average is $44.29 and its two-hundred day moving average is $42.75.

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.