Defined Financial Planning LLC Increases Position in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL)

Defined Financial Planning LLC increased its holdings in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 201.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 141,075 shares of the company’s stock after purchasing an additional 94,206 shares during the period. JPMorgan U.S. Value Factor ETF makes up about 5.9% of Defined Financial Planning LLC’s holdings, making the stock its 4th biggest position. Defined Financial Planning LLC’s holdings in JPMorgan U.S. Value Factor ETF were worth $5,841,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in JVAL. Raymond James Financial Inc. acquired a new position in shares of JPMorgan U.S. Value Factor ETF during the 4th quarter valued at $5,855,000. SVB Wealth LLC grew its holdings in JPMorgan U.S. Value Factor ETF by 1,565.0% in the fourth quarter. SVB Wealth LLC now owns 90,092 shares of the company’s stock worth $3,892,000 after purchasing an additional 84,681 shares during the period. Mainsail Financial Group LLC increased its stake in JPMorgan U.S. Value Factor ETF by 19.2% in the first quarter. Mainsail Financial Group LLC now owns 363,657 shares of the company’s stock valued at $15,063,000 after purchasing an additional 58,478 shares in the last quarter. Atria Investments Inc acquired a new position in shares of JPMorgan U.S. Value Factor ETF during the fourth quarter valued at about $1,963,000. Finally, Sagespring Wealth Partners LLC bought a new position in shares of JPMorgan U.S. Value Factor ETF during the 4th quarter worth about $1,346,000.

JPMorgan U.S. Value Factor ETF Price Performance

Shares of JVAL opened at $43.37 on Thursday. JPMorgan U.S. Value Factor ETF has a one year low of $35.62 and a one year high of $46.02. The company has a market cap of $546.46 million, a PE ratio of 16.42 and a beta of 0.99. The stock has a 50-day moving average of $40.64 and a 200-day moving average of $42.67.

JPMorgan U.S. Value Factor ETF 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.