JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Reaches New 12-Month High – Still a Buy?

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $59.12 and last traded at $59.12, with a volume of 863 shares trading hands. The stock had previously closed at $57.62.

JPMorgan U.S. Value Factor ETF Stock Performance

The business’s 50 day moving average price is $54.45 and its 200-day moving average price is $51.67. The firm has a market capitalization of $802.81 million, a PE ratio of 16.37 and a beta of 0.96.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Realta Investment Advisors acquired a new position in shares of JPMorgan U.S. Value Factor ETF in the fourth quarter valued at approximately $29,000. Whittier Trust Co. of Nevada Inc. acquired a new position in JPMorgan U.S. Value Factor ETF during the 1st quarter worth approximately $37,000. IFP Advisors Inc grew its holdings in JPMorgan U.S. Value Factor ETF by 35.0% during the 3rd quarter. IFP Advisors Inc now owns 826 shares of the company’s stock worth $39,000 after acquiring an additional 214 shares in the last quarter. Greenline Wealth Management LLC acquired a new position in JPMorgan U.S. Value Factor ETF during the 4th quarter worth approximately $44,000. Finally, Western Wealth Management LLC acquired a new position in JPMorgan U.S. Value Factor ETF during the 1st quarter worth approximately $45,000.

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.