Acropolis Investment Management LLC Purchases New Position in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Acropolis Investment Management LLC purchased a new stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) during the fourth quarter, Holdings Channel reports. The firm purchased 5,860 shares of the company’s stock, valued at approximately $253,000.

Several other hedge funds have also recently bought and sold shares of the stock. Cobblestone Capital Advisors LLC NY boosted its stake in shares of JPMorgan US Value Factor ETF by 0.7% in the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 1,175,149 shares of the company’s stock valued at $51,201,000 after purchasing an additional 7,915 shares in the last quarter. Goodman Advisory Group LLC bought a new position in JPMorgan US Value Factor ETF during the 3rd quarter valued at about $18,011,000. Avidian Wealth Enterprises LLC boosted its position in JPMorgan US Value Factor ETF by 3.7% in the third quarter. Avidian Wealth Enterprises LLC now owns 356,582 shares of the company’s stock valued at $15,536,000 after buying an additional 12,823 shares in the last quarter. Mainsail Financial Group LLC grew its stake in JPMorgan US Value Factor ETF by 2.0% during the third quarter. Mainsail Financial Group LLC now owns 295,593 shares of the company’s stock worth $12,858,000 after buying an additional 5,714 shares during the last quarter. Finally, Planned Solutions Inc. increased its holdings in shares of JPMorgan US Value Factor ETF by 1.6% during the third quarter. Planned Solutions Inc. now owns 249,306 shares of the company’s stock worth $10,862,000 after buying an additional 3,825 shares in the last quarter.

JPMorgan US Value Factor ETF Price Performance

Shares of JVAL opened at $44.06 on Thursday. The company has a market capitalization of $874.59 million, a P/E ratio of 15.29 and a beta of 0.99. JPMorgan US Value Factor ETF has a one year low of $37.56 and a one year high of $46.02. The business’s 50 day simple moving average is $44.40 and its 200-day simple moving average is $43.10.

About JPMorgan US 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.