Private Advisor Group LLC Sells 648 Shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL)

Private Advisor Group LLC decreased its position in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 4.9% in the 1st quarter, Holdings Channel reports. The fund owned 12,510 shares of the company’s stock after selling 648 shares during the quarter. Private Advisor Group LLC’s holdings in JPMorgan U.S. Value Factor ETF were worth $518,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in JVAL. JPMorgan Chase & Co. grew its stake in shares of JPMorgan U.S. Value Factor ETF by 3.7% during the 4th 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. Wells Fargo & Company MN grew its stake in shares of JPMorgan U.S. Value Factor ETF by 267.9% during the 4th quarter. Wells Fargo & Company MN now owns 12,315 shares of the company’s stock worth $532,000 after acquiring an additional 8,968 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of JPMorgan U.S. Value Factor ETF by 7.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 10,473 shares of the company’s stock worth $452,000 after acquiring an additional 748 shares during the period. Raymond James Financial Inc. bought a new position in shares of JPMorgan U.S. Value Factor ETF during the 4th quarter worth $5,855,000. Finally, Jaffetilchin Investment Partners LLC grew its stake in shares of JPMorgan U.S. Value Factor ETF by 5.5% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 165,762 shares of the company’s stock worth $7,161,000 after acquiring an additional 8,665 shares during the period.

JPMorgan U.S. Value Factor ETF Stock Performance

JVAL stock opened at $45.12 on Thursday. The company has a market capitalization of $527.90 million, a price-to-earnings ratio of 16.37 and a beta of 1.05. JPMorgan U.S. Value Factor ETF has a fifty-two week low of $35.62 and a fifty-two week high of $46.02. The stock has a fifty day moving average of $43.93 and a 200-day moving average of $42.72.

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.