JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sees Large Volume Increase – What’s Next?

JPMorgan US Value Factor ETF (NYSEARCA:JVAL) shares saw unusually-strong trading volume on Friday . Approximately 87,947 shares changed hands during mid-day trading, an increase of 41% from the previous session’s volume of 62,497 shares.The stock last traded at $44.87 and had previously closed at $45.11.

JPMorgan US Value Factor ETF Stock Performance

The stock has a market cap of $730.46 million, a price-to-earnings ratio of 18.53 and a beta of 1.06. The business’s fifty day simple moving average is $44.23 and its 200 day simple moving average is $43.72.

Hedge Funds Weigh In On JPMorgan US Value Factor ETF

Institutional investors have recently added to or reduced their stakes in the company. Private Advisor Group LLC lifted its holdings in JPMorgan US Value Factor ETF by 5.3% in the 3rd quarter. Private Advisor Group LLC now owns 13,197 shares of the company’s stock worth $575,000 after buying an additional 667 shares in the last quarter. Captrust Financial Advisors lifted its holdings in JPMorgan US Value Factor ETF by 38.6% in the 3rd quarter. Captrust Financial Advisors now owns 6,896 shares of the company’s stock worth $300,000 after buying an additional 1,922 shares in the last quarter. Cobblestone Capital Advisors LLC NY lifted its holdings in JPMorgan US Value Factor ETF by 0.7% in the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 1,175,149 shares of the company’s stock worth $51,201,000 after buying an additional 7,915 shares in the last quarter. Miracle Mile Advisors LLC lifted its holdings in JPMorgan US Value Factor ETF by 17.9% in the 4th quarter. Miracle Mile Advisors LLC now owns 11,969 shares of the company’s stock worth $517,000 after buying an additional 1,817 shares in the last quarter. Finally, SteelPeak Wealth LLC acquired a new stake in shares of JPMorgan US Value Factor ETF in the 4th quarter valued at about $3,721,000.

About JPMorgan US 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.