Gallacher Capital Management LLC Reduces Stock Position in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Gallacher Capital Management LLC decreased its holdings in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 2.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,347 shares of the company’s stock after selling 988 shares during the quarter. JPMorgan US Value Factor ETF comprises approximately 0.9% of Gallacher Capital Management LLC’s portfolio, making the stock its 18th biggest position. Gallacher Capital Management LLC’s holdings in JPMorgan US Value Factor ETF were worth $1,634,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of JVAL. Confluence Wealth Services Inc. bought a new position in shares of JPMorgan US Value Factor ETF in the fourth quarter worth approximately $2,010,000. First Citizens Bank & Trust Co. lifted its holdings in shares of JPMorgan US Value Factor ETF by 18.2% during the fourth quarter. First Citizens Bank & Trust Co. now owns 6,567,998 shares of the company’s stock valued at $253,393,000 after purchasing an additional 1,010,945 shares in the last quarter. LPL Financial LLC boosted its position in shares of JPMorgan US Value Factor ETF by 5.2% during the third quarter. LPL Financial LLC now owns 494,749 shares of the company’s stock valued at $17,138,000 after buying an additional 24,509 shares during the last quarter. SVB Wealth LLC increased its holdings in JPMorgan US Value Factor ETF by 1,392.4% in the 4th quarter. SVB Wealth LLC now owns 238,671 shares of the company’s stock worth $9,208,000 after buying an additional 222,679 shares in the last quarter. Finally, Mainsail Financial Group LLC lifted its stake in JPMorgan US Value Factor ETF by 692.3% during the 4th quarter. Mainsail Financial Group LLC now owns 232,384 shares of the company’s stock valued at $8,764,000 after acquiring an additional 203,055 shares during the period.

JPMorgan US Value Factor ETF Stock Performance

Shares of JVAL stock traded up $0.38 during trading hours on Friday, reaching $40.05. The company had a trading volume of 28,182 shares, compared to its average volume of 129,675. The firm has a market cap of $801 million, a PE ratio of 14.80 and a beta of 0.99. The business has a fifty day moving average price of $40.33 and a 200-day moving average price of $38.29. JPMorgan US Value Factor ETF has a one year low of $32.70 and a one year high of $41.73.

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.