JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sees Large Volume Increase – Still a Buy?

Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL) saw unusually-high trading volume on Monday . Approximately 48,320 shares changed hands during trading, an increase of 7% from the previous session’s volume of 45,332 shares.The stock last traded at $42.86 and had previously closed at $42.82.

JPMorgan US Value Factor ETF Trading Up 0.6 %

The business’s 50 day moving average is $44.40 and its two-hundred day moving average is $43.06. The company has a market cap of $855.14 million, a PE ratio of 15.29 and a beta of 0.99.

Institutional Trading of JPMorgan US Value Factor ETF

A number of institutional investors and hedge funds have recently bought and sold shares of JVAL. Cobblestone Capital Advisors LLC NY increased its stake in JPMorgan US Value Factor ETF by 0.7% during the third quarter. Cobblestone Capital Advisors LLC NY now owns 1,175,149 shares of the company’s stock worth $51,201,000 after acquiring an additional 7,915 shares during the last quarter. Goodman Advisory Group LLC purchased a new stake in JPMorgan US Value Factor ETF during the 3rd quarter valued at $18,011,000. Avidian Wealth Enterprises LLC lifted its position in JPMorgan US Value Factor ETF by 3.7% in the third quarter. Avidian Wealth Enterprises LLC now owns 356,582 shares of the company’s stock worth $15,536,000 after buying an additional 12,823 shares during the last quarter. Mainsail Financial Group LLC boosted its stake in JPMorgan US Value Factor ETF by 2.0% during the third quarter. Mainsail Financial Group LLC now owns 295,593 shares of the company’s stock worth $12,858,000 after buying an additional 5,714 shares during the period. Finally, Planned Solutions Inc. increased its position in JPMorgan US Value Factor ETF by 1.6% during the third quarter. Planned Solutions Inc. now owns 249,306 shares of the company’s stock valued at $10,862,000 after acquiring an additional 3,825 shares during the last quarter.

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.