B. Riley Wealth Advisors Inc. Takes $847,000 Position in JPMorgan U.S. Value Factor ETF $JVAL

B. Riley Wealth Advisors Inc. acquired a new stake in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 19,147 shares of the company’s stock, valued at approximately $847,000. B. Riley Wealth Advisors Inc. owned about 0.16% of JPMorgan U.S. Value Factor ETF at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in JVAL. Avidian Wealth Enterprises LLC lifted its position in shares of JPMorgan U.S. Value Factor ETF by 81.5% during the 2nd quarter. Avidian Wealth Enterprises LLC now owns 961,736 shares of the company’s stock worth $42,538,000 after purchasing an additional 431,743 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in JPMorgan U.S. Value Factor ETF by 42.9% during the second quarter. JPMorgan Chase & Co. now owns 401,083 shares of the company’s stock worth $17,740,000 after purchasing an additional 120,399 shares during the period. Orion Porfolio Solutions LLC boosted its stake in JPMorgan U.S. Value Factor ETF by 45.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 252,941 shares of the company’s stock valued at $11,188,000 after buying an additional 79,067 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of JPMorgan U.S. Value Factor ETF by 9.1% in the 2nd quarter. Bank of America Corp DE now owns 496,878 shares of the company’s stock worth $21,977,000 after purchasing an additional 41,401 shares during the last quarter. Finally, Kathmere Capital Management LLC increased its holdings in JPMorgan U.S. Value Factor ETF by 36.2% during the 2nd quarter. Kathmere Capital Management LLC now owns 143,006 shares of the company’s stock valued at $6,325,000 after purchasing an additional 38,040 shares in the last quarter.

JPMorgan U.S. Value Factor ETF Stock Down 0.5%

Shares of JVAL opened at $49.38 on Wednesday. JPMorgan U.S. Value Factor ETF has a 12-month low of $35.62 and a 12-month high of $50.41. The firm has a market capitalization of $567.87 million, a PE ratio of 16.37 and a beta of 1.00. The stock’s fifty day simple moving average is $48.17 and its 200-day simple moving average is $46.42.

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.