Northwestern Mutual Wealth Management Co. Purchases 23,903 Shares of JPMorgan U.S. Value Factor ETF $JVAL

Northwestern Mutual Wealth Management Co. grew its position in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 29.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 104,835 shares of the company’s stock after acquiring an additional 23,903 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in JPMorgan U.S. Value Factor ETF were worth $5,145,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of JVAL. Thrivent Financial for Lutherans bought a new position in shares of JPMorgan U.S. Value Factor ETF in the 3rd quarter valued at $15,458,000. Orion Porfolio Solutions LLC lifted its stake in shares of JPMorgan U.S. Value Factor ETF by 45.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 252,941 shares of the company’s stock valued at $11,188,000 after acquiring an additional 79,067 shares during the last quarter. Susquehanna International Group LLP lifted its stake in shares of JPMorgan U.S. Value Factor ETF by 902.8% in the 3rd quarter. Susquehanna International Group LLP now owns 80,866 shares of the company’s stock valued at $3,841,000 after acquiring an additional 72,802 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of JPMorgan U.S. Value Factor ETF by 9.1% in the 2nd quarter. Bank of America Corp DE now owns 496,878 shares of the company’s stock valued at $21,977,000 after acquiring an additional 41,401 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC increased its holdings in JPMorgan U.S. Value Factor ETF by 4.0% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 1,036,358 shares of the company’s stock valued at $50,864,000 after purchasing an additional 40,175 shares during the period.

JPMorgan U.S. Value Factor ETF Stock Down 0.3%

NYSEARCA JVAL opened at $58.42 on Thursday. The company has a market capitalization of $794.51 million, a price-to-earnings ratio of 16.37 and a beta of 0.95. JPMorgan U.S. Value Factor ETF has a twelve month low of $42.44 and a twelve month high of $58.59. The stock has a fifty day simple moving average of $53.23 and a 200 day simple moving average of $51.16.

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.