Addison Advisors LLC Purchases 7,700 Shares of JPMorgan U.S. Value Factor ETF $JVAL

Addison Advisors LLC increased its holdings in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 70.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,590 shares of the company’s stock after purchasing an additional 7,700 shares during the period. Addison Advisors LLC owned approximately 0.16% of JPMorgan U.S. Value Factor ETF worth $822,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of JVAL. Farther Finance Advisors LLC raised its position in JPMorgan U.S. Value Factor ETF by 98.2% during the second quarter. Farther Finance Advisors LLC now owns 1,558 shares of the company’s stock valued at $69,000 after purchasing an additional 772 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan U.S. Value Factor ETF by 14.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 12,020 shares of the company’s stock worth $498,000 after purchasing an additional 1,547 shares during the period. LPL Financial LLC increased its position in shares of JPMorgan U.S. Value Factor ETF by 17.7% during the 1st quarter. LPL Financial LLC now owns 980,313 shares of the company’s stock valued at $40,605,000 after purchasing an additional 147,494 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in JPMorgan U.S. Value Factor ETF during the 1st quarter valued at $1,031,000. Finally, 5T Wealth LLC raised its holdings in JPMorgan U.S. Value Factor ETF by 12.5% during the 2nd quarter. 5T Wealth LLC now owns 25,616 shares of the company’s stock valued at $1,133,000 after buying an additional 2,852 shares during the period.

JPMorgan U.S. Value Factor ETF Trading Up 0.4%

Shares of JVAL opened at $47.66 on Monday. The company’s fifty day simple moving average is $47.58 and its 200-day simple moving average is $45.09. The company has a market cap of $548.09 million, a P/E ratio of 16.37 and a beta of 1.00. JPMorgan U.S. Value Factor ETF has a twelve month low of $35.62 and a twelve month high of $48.96.

About JPMorgan U.S. Value Factor ETF

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.