Cetera Investment Advisers Has $7.55 Million Stake in JPMorgan U.S. Value Factor ETF $JVAL

Cetera Investment Advisers trimmed its position in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 8.9% during the first quarter, HoldingsChannel.com reports. The firm owned 154,443 shares of the company’s stock after selling 15,102 shares during the quarter. Cetera Investment Advisers’ holdings in JPMorgan U.S. Value Factor ETF were worth $7,546,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Captrust Financial Advisors lifted its stake in JPMorgan U.S. Value Factor ETF by 23,712.7% in the 4th quarter. Captrust Financial Advisors now owns 1,184,445 shares of the company’s stock valued at $58,133,000 after acquiring an additional 1,179,471 shares in the last quarter. Goodman Advisory Group LLC acquired a new position in JPMorgan U.S. Value Factor ETF during the fourth quarter worth $19,545,000. Mariner LLC grew its position in JPMorgan U.S. Value Factor ETF by 890.6% in the fourth quarter. Mariner LLC now owns 150,781 shares of the company’s stock valued at $7,400,000 after purchasing an additional 135,560 shares in the last quarter. Thrivent Financial for Lutherans grew its position in JPMorgan U.S. Value Factor ETF by 34.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 436,091 shares of the company’s stock valued at $21,582,000 after purchasing an additional 110,666 shares in the last quarter. Finally, Orion Porfolio Solutions LLC increased its stake in 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 buying an additional 79,067 shares during the last quarter.

JPMorgan U.S. Value Factor ETF Trading Up 0.1%

Shares of JVAL stock opened at $57.72 on Friday. The firm’s fifty day moving average price is $57.73 and its two-hundred day moving average price is $53.71. JPMorgan U.S. Value Factor ETF has a 1 year low of $43.88 and a 1 year high of $59.20. The firm has a market capitalization of $834.05 million, a P/E ratio of 16.37 and a beta of 0.95.

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