JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Shares Purchased by Goodwin Investment Advisory

Goodwin Investment Advisory boosted its stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 95.2% in the 4th quarter, Holdings Channel reports. The firm owned 27,268 shares of the company’s stock after purchasing an additional 13,298 shares during the period. JPMorgan US Value Factor ETF comprises about 0.5% of Goodwin Investment Advisory’s portfolio, making the stock its 17th largest holding. Goodwin Investment Advisory’s holdings in JPMorgan US Value Factor ETF were worth $1,052,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advisory Services Network LLC purchased a new position in shares of JPMorgan US Value Factor ETF in the first quarter valued at approximately $26,000. ICA Group Wealth Management LLC purchased a new position in JPMorgan US Value Factor ETF in the 4th quarter valued at approximately $28,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of JPMorgan US Value Factor ETF in the third quarter worth $52,000. Geneos Wealth Management Inc. increased its position in shares of JPMorgan US Value Factor ETF by 25.1% during the third quarter. Geneos Wealth Management Inc. now owns 1,995 shares of the company’s stock worth $69,000 after acquiring an additional 400 shares during the period. Finally, UBS Group AG acquired a new stake in shares of JPMorgan US Value Factor ETF in the first quarter valued at $79,000.

JPMorgan US Value Factor ETF Trading Down 0.4 %

NYSEARCA:JVAL traded down $0.14 during midday trading on Wednesday, reaching $39.20. The company had a trading volume of 40,616 shares, compared to its average volume of 136,623. The stock’s fifty day simple moving average is $40.24 and its 200-day simple moving average is $37.82. JPMorgan US Value Factor ETF has a 12-month low of $32.70 and a 12-month high of $41.73. The firm has a market capitalization of $799.68 million, a price-to-earnings ratio of 15.36 and a beta of 1.00.

JPMorgan US 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.