Arkadios Wealth Advisors Invests $658,000 in JPMorgan U.S. Value Factor ETF $JVAL

Arkadios Wealth Advisors bought a new stake in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,848 shares of the company’s stock, valued at approximately $658,000. Arkadios Wealth Advisors owned 0.12% of JPMorgan U.S. Value Factor ETF as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Avidian Wealth Enterprises LLC lifted its stake in JPMorgan U.S. Value Factor ETF by 81.5% during the second 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 period. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan U.S. Value Factor ETF by 42.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 401,083 shares of the company’s stock worth $17,740,000 after buying an additional 120,399 shares in the last quarter. Orion Porfolio Solutions LLC lifted its position in shares of JPMorgan U.S. Value Factor ETF by 45.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 252,941 shares of the company’s stock worth $11,188,000 after buying an additional 79,067 shares during the period. Bank of America Corp DE boosted its stake in 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 valued at $21,977,000 after buying an additional 41,401 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its stake in JPMorgan U.S. Value Factor ETF by 22.2% in the 2nd quarter. Osaic Holdings Inc. now owns 188,691 shares of the company’s stock valued at $8,346,000 after buying an additional 34,296 shares in the last quarter.

JPMorgan U.S. Value Factor ETF Price Performance

Shares of NYSEARCA:JVAL opened at $51.03 on Tuesday. The stock has a market capitalization of $650.63 million, a price-to-earnings ratio of 16.37 and a beta of 1.00. The business’s fifty day moving average price is $49.52 and its two-hundred day moving average price is $47.73. JPMorgan U.S. Value Factor ETF has a fifty-two week low of $35.62 and a fifty-two week high of $51.47.

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. JVAL was launched on Nov 8, 2017 and is managed by JPMorgan Chase.