Cobblestone Capital Advisors LLC NY Acquires 16,427 Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Cobblestone Capital Advisors LLC NY increased its stake in shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 1.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,191,576 shares of the company’s stock after buying an additional 16,427 shares during the quarter. JPMorgan US Value Factor ETF accounts for about 2.8% of Cobblestone Capital Advisors LLC NY’s investment portfolio, making the stock its 8th biggest holding. Cobblestone Capital Advisors LLC NY owned approximately 0.06% of JPMorgan US Value Factor ETF worth $51,476,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Private Advisor Group LLC boosted its holdings in 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 boosted its holdings in JPMorgan US Value Factor ETF by 38.6% in 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 last quarter. Miracle Mile Advisors LLC boosted its holdings in 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 last quarter. Strategic Financial Concepts LLC purchased a new stake in shares of JPMorgan US Value Factor ETF during the 4th quarter worth about $746,000. Finally, SteelPeak Wealth LLC purchased a new stake in shares of JPMorgan US Value Factor ETF during the 4th quarter worth about $3,721,000.

JPMorgan US Value Factor ETF Stock Up 1.0 %

JVAL stock opened at $43.90 on Friday. The company’s 50-day simple moving average is $44.23 and its 200-day simple moving average is $43.80. JPMorgan US Value Factor ETF has a 52-week low of $39.10 and a 52-week high of $46.02. The firm has a market cap of $724.35 million, a P/E ratio of 18.53 and a beta of 1.06.

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.