LPL Financial LLC Increases Stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

LPL Financial LLC boosted its stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 3.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 832,819 shares of the company’s stock after purchasing an additional 26,431 shares during the quarter. LPL Financial LLC’s holdings in JPMorgan US Value Factor ETF were worth $35,978,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of JVAL. Householder Group Estate & Retirement Specialist LLC grew its stake in shares of JPMorgan US Value Factor ETF by 2.4% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 22,820 shares of the company’s stock valued at $985,000 after buying an additional 537 shares during the period. Truist Financial Corp grew its position in JPMorgan US Value Factor ETF by 4.6% during the fourth quarter. Truist Financial Corp now owns 13,366 shares of the company’s stock valued at $577,000 after acquiring an additional 587 shares during the period. Spire Wealth Management increased its position in JPMorgan US Value Factor ETF by 11.6% during the 4th quarter. Spire Wealth Management now owns 5,765 shares of the company’s stock worth $249,000 after purchasing an additional 597 shares in the last quarter. Flow Traders U.S. LLC increased its position in shares of JPMorgan US Value Factor ETF by 11.8% in the third quarter. Flow Traders U.S. LLC now owns 7,988 shares of the company’s stock worth $348,000 after acquiring an additional 844 shares in the last quarter. Finally, Cobblestone Asset Management LLC raised its position in JPMorgan US Value Factor ETF by 7.8% in the fourth quarter. Cobblestone Asset Management LLC now owns 12,480 shares of the company’s stock valued at $539,000 after purchasing an additional 901 shares during the period.

JPMorgan US Value Factor ETF Price Performance

Shares of JVAL opened at $41.18 on Friday. JPMorgan US Value Factor ETF has a 12 month low of $39.10 and a 12 month high of $46.02. The stock has a market cap of $671.23 million, a PE ratio of 17.43 and a beta of 1.06. The stock’s 50-day moving average is $43.67 and its two-hundred day moving average is $43.81.

JPMorgan US Value Factor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a $0.1839 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

JPMorgan US 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.