JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sees Large Volume Increase – Time to Buy?

Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVALGet Free Report) saw an uptick in trading volume on Thursday . 310,931 shares changed hands during trading, an increase of 352% from the previous session’s volume of 68,786 shares.The stock last traded at $44.57 and had previously closed at $44.41.

JPMorgan US Value Factor ETF Trading Up 0.9 %

The stock’s 50 day simple moving average is $44.27 and its 200 day simple moving average is $43.54. The stock has a market capitalization of $889.30 million, a P/E ratio of 15.29 and a beta of 0.99.

Institutional Trading of JPMorgan US Value Factor ETF

Several institutional investors have recently added to or reduced their stakes in the business. Park Edge Advisors LLC acquired a new position in shares of JPMorgan US Value Factor ETF in the 3rd quarter valued at about $207,000. Modera Wealth Management LLC bought a new position in JPMorgan US Value Factor ETF in the third quarter worth about $212,000. Spire Wealth Management boosted its stake in JPMorgan US Value Factor ETF by 11.6% in the fourth quarter. Spire Wealth Management now owns 5,765 shares of the company’s stock valued at $249,000 after acquiring an additional 597 shares during the period. Acropolis Investment Management LLC bought a new position in shares of JPMorgan US Value Factor ETF during the fourth quarter valued at approximately $253,000. Finally, Captrust Financial Advisors raised its position in shares of JPMorgan US Value Factor ETF by 38.6% during the 3rd quarter. Captrust Financial Advisors now owns 6,896 shares of the company’s stock worth $300,000 after purchasing an additional 1,922 shares during the period.

JPMorgan US Value Factor ETF Company Profile

(Get Free Report)

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.

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