Fifth Third Securities Inc. Sells 2,015 Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Fifth Third Securities Inc. trimmed its holdings in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 3.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 51,319 shares of the company’s stock after selling 2,015 shares during the quarter. Fifth Third Securities Inc.’s holdings in JPMorgan US Value Factor ETF were worth $2,217,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JVAL. Private Advisor Group LLC raised its holdings in shares of JPMorgan US Value Factor ETF by 5.3% in the third quarter. Private Advisor Group LLC now owns 13,197 shares of the company’s stock valued at $575,000 after purchasing an additional 667 shares during the last quarter. Captrust Financial Advisors grew its holdings in JPMorgan US Value Factor ETF by 38.6% during the third quarter. Captrust Financial Advisors now owns 6,896 shares of the company’s stock valued at $300,000 after purchasing an additional 1,922 shares during the period. Cobblestone Capital Advisors LLC NY increased its holdings in 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 worth $51,201,000 after acquiring an additional 7,915 shares during the last quarter. Miracle Mile Advisors LLC raised its position in shares of JPMorgan US Value Factor ETF by 17.9% in the fourth quarter. Miracle Mile Advisors LLC now owns 11,969 shares of the company’s stock valued at $517,000 after purchasing an additional 1,817 shares during the period. Finally, Planned Solutions Inc. lifted its position 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 acquiring an additional 3,825 shares in the last quarter.

JPMorgan US Value Factor ETF Trading Down 0.7 %

Shares of JPMorgan US Value Factor ETF stock opened at $44.95 on Friday. The company’s 50-day moving average price is $44.42 and its 200-day moving average price is $43.40. JPMorgan US Value Factor ETF has a 12-month low of $38.27 and a 12-month high of $46.02. The company has a market cap of $892.26 million, a price-to-earnings ratio of 15.29 and a beta of 0.99.

JPMorgan US 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.