JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Short Interest Update

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 33,318 shares, a growth of 14.7% from the February 12th total of 29,037 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 32,364 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 32,364 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Trading of JPMorgan U.S. Value Factor ETF

A number of institutional investors have recently bought and sold shares of JVAL. EP Wealth Advisors LLC acquired a new position in shares of JPMorgan U.S. Value Factor ETF in the 4th quarter valued at $2,465,000. NewEdge Advisors LLC boosted its position in shares of JPMorgan U.S. Value Factor ETF by 40.0% in the 4th quarter. NewEdge Advisors LLC now owns 24,481 shares of the company’s stock worth $1,202,000 after purchasing an additional 6,992 shares during the last quarter. BNB Wealth Management LLC acquired a new stake in shares of JPMorgan U.S. Value Factor ETF during the fourth quarter worth $237,000. Equitable Holdings Inc. acquired a new stake in shares of JPMorgan U.S. Value Factor ETF during the fourth quarter worth $239,000. Finally, Regal Investment Advisors LLC increased its holdings in JPMorgan U.S. Value Factor ETF by 2.7% in the fourth quarter. Regal Investment Advisors LLC now owns 12,077 shares of the company’s stock valued at $593,000 after purchasing an additional 312 shares during the last quarter.

JPMorgan U.S. Value Factor ETF Price Performance

JVAL opened at $49.16 on Thursday. The company has a market cap of $658.74 million, a price-to-earnings ratio of 16.37 and a beta of 1.00. The firm has a 50 day simple moving average of $50.92 and a 200 day simple moving average of $49.14. JPMorgan U.S. Value Factor ETF has a fifty-two week low of $35.62 and a fifty-two week high of $52.64.

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