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

Shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $60.02 and last traded at $59.98, with a volume of 56066 shares. The stock had previously closed at $59.74.

JPMorgan U.S. Value Factor ETF Stock Performance

The stock has a market capitalization of $867.43 million, a P/E ratio of 16.37 and a beta of 0.96. The firm has a 50-day moving average price of $58.07 and a 200 day moving average price of $54.22.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Captrust Financial Advisors raised its position in shares of 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 worth $58,133,000 after acquiring an additional 1,179,471 shares in the last quarter. Goodman Advisory Group LLC purchased a new stake in shares of JPMorgan U.S. Value Factor ETF during the fourth quarter valued at approximately $19,545,000. Mariner LLC boosted its stake in JPMorgan U.S. Value Factor ETF by 890.6% during the 4th 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 during the last quarter. Thrivent Financial for Lutherans boosted its position in shares of JPMorgan U.S. Value Factor ETF by 34.0% during the fourth quarter. Thrivent Financial for Lutherans now owns 436,091 shares of the company’s stock valued at $21,582,000 after buying an additional 110,666 shares during the last quarter. Finally, Orion Porfolio Solutions LLC lifted its stake in JPMorgan U.S. Value Factor ETF by 45.5% during 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 period.

JPMorgan U.S. Value Factor ETF Company 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.