JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Shares Acquired by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC increased its holdings in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 7.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,832 shares of the company’s stock after acquiring an additional 668 shares during the quarter. Ameritas Advisory Services LLC’s holdings in JPMorgan U.S. Value Factor ETF were worth $407,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC raised its position in shares of JPMorgan U.S. Value Factor ETF by 10.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 30,485 shares of the company’s stock valued at $1,263,000 after acquiring an additional 2,897 shares in the last quarter. Comerica Bank raised its holdings in shares of JPMorgan U.S. Value Factor ETF by 4.2% during the fourth quarter. Comerica Bank now owns 9,556 shares of the company’s stock worth $413,000 after purchasing an additional 382 shares during the period. JPMorgan Chase & Co. raised its stake in JPMorgan U.S. Value Factor ETF by 3.7% during the fourth quarter. JPMorgan Chase & Co. now owns 265,189 shares of the company’s stock worth $11,456,000 after acquiring an additional 9,493 shares during the period. Perigon Wealth Management LLC raised its stake in JPMorgan U.S. Value Factor ETF by 14.6% during the first quarter. Perigon Wealth Management LLC now owns 7,152 shares of the company’s stock worth $296,000 after acquiring an additional 913 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in JPMorgan U.S. Value Factor ETF during the fourth quarter worth about $5,855,000.

JPMorgan U.S. Value Factor ETF Trading Up 0.6%

Shares of JPMorgan U.S. Value Factor ETF stock opened at $45.40 on Friday. The business’s 50 day simple moving average is $42.45 and its 200-day simple moving average is $42.50. The stock has a market capitalization of $572.04 million, a price-to-earnings ratio of 16.42 and a beta of 1.05. JPMorgan U.S. Value Factor ETF has a twelve month low of $35.62 and a twelve month high of $46.02.

JPMorgan U.S. Value Factor ETF Company 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.