JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sees Unusually-High Trading Volume – What’s Next?

Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL) saw strong trading volume on Thursday . 310,931 shares traded hands during mid-day trading, an increase of 352% from the previous session’s volume of 68,786 shares.The stock last traded at $44.57 and had previously closed at $44.41.

JPMorgan US Value Factor ETF Price Performance

The business has a 50-day moving average of $44.27 and a 200 day moving average of $43.54. The company has a market capitalization of $889.30 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 have recently added to or reduced their stakes in the business. Cobblestone Capital Advisors LLC NY raised its stake in shares of JPMorgan US Value Factor ETF by 1.4% during the fourth quarter. Cobblestone Capital Advisors LLC NY now owns 1,191,576 shares of the company’s stock valued at $51,476,000 after purchasing an additional 16,427 shares during the period. LPL Financial LLC increased its stake in JPMorgan US Value Factor ETF by 3.3% during the 4th quarter. LPL Financial LLC now owns 832,819 shares of the company’s stock worth $35,978,000 after buying an additional 26,431 shares during the period. Goodman Advisory Group LLC acquired a new position in JPMorgan US Value Factor ETF in the 3rd quarter worth $18,011,000. Avidian Wealth Enterprises LLC boosted its position in JPMorgan US Value Factor ETF by 2.8% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 366,671 shares of the company’s stock valued at $15,840,000 after buying an additional 10,089 shares during the last quarter. Finally, Mainsail Financial Group LLC grew its stake in shares of JPMorgan US Value Factor ETF by 3.2% during the fourth quarter. Mainsail Financial Group LLC now owns 305,179 shares of the company’s stock valued at $13,184,000 after acquiring an additional 9,586 shares in the last quarter.

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.