RFG Advisory LLC Makes New Investment in JPMorgan U.S. Value Factor ETF $JVAL

RFG Advisory LLC bought a new position in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 14,164 shares of the company’s stock, valued at approximately $831,000.

A number of other institutional investors have also recently modified their holdings of JVAL. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of JPMorgan U.S. Value Factor ETF in the 1st quarter valued at about $37,000. IFP Advisors Inc boosted its position in JPMorgan U.S. Value Factor ETF by 35.0% during the third quarter. IFP Advisors Inc now owns 826 shares of the company’s stock worth $39,000 after purchasing an additional 214 shares in the last quarter. Greenline Wealth Management LLC acquired a new stake in JPMorgan U.S. Value Factor ETF in the fourth quarter valued at approximately $44,000. Western Wealth Management LLC acquired a new stake in JPMorgan U.S. Value Factor ETF in the first quarter valued at approximately $45,000. Finally, Triumph Capital Management acquired a new stake in JPMorgan U.S. Value Factor ETF in the 3rd quarter valued at $134,000.

JPMorgan U.S. Value Factor ETF Stock Performance

Shares of NYSEARCA JVAL opened at $59.37 on Friday. The firm has a fifty day moving average of $58.85 and a 200 day moving average of $55.46. The firm has a market cap of $857.90 million, a PE ratio of 16.37 and a beta of 0.96. JPMorgan U.S. Value Factor ETF has a one year low of $45.91 and a one year high of $60.64.

About JPMorgan U.S. 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. JVAL was launched on Nov 8, 2017 and is managed by JPMorgan Chase.