JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sees Unusually-High Trading Volume – Time to Buy?

JPMorgan US Value Factor ETF (NYSEARCA:JVAL) saw unusually-high trading volume on Wednesday . Approximately 391,022 shares traded hands during trading, an increase of 439% from the previous session’s volume of 72,569 shares.The stock last traded at $45.04 and had previously closed at $44.99.

JPMorgan US Value Factor ETF Stock Performance

The stock has a market cap of $895.83 million, a P/E ratio of 15.29 and a beta of 0.99. The stock’s fifty day moving average is $44.35 and its 200 day moving average is $43.25.

Institutional Investors Weigh In On JPMorgan US Value Factor ETF

Several institutional investors have recently modified their holdings of the stock. Goodman Advisory Group LLC purchased a new stake in JPMorgan US Value Factor ETF in the 3rd quarter worth about $18,011,000. Columbia Advisory Partners LLC purchased a new stake in shares of JPMorgan US Value Factor ETF in the fourth quarter worth approximately $5,151,000. SteelPeak Wealth LLC purchased a new stake in shares of JPMorgan US Value Factor ETF in the fourth quarter worth approximately $3,721,000. Apeiron RIA LLC lifted its stake in shares of JPMorgan US Value Factor ETF by 34.8% during the 4th quarter. Apeiron RIA LLC now owns 211,813 shares of the company’s stock worth $9,150,000 after acquiring an additional 54,705 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new position in JPMorgan US Value Factor ETF during the 3rd quarter valued at $2,351,000.

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.