Gallacher Capital Management LLC Has $1.71 Million Stock Position in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Gallacher Capital Management LLC cut its stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 1.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 39,549 shares of the company’s stock after selling 721 shares during the period. JPMorgan US Value Factor ETF accounts for 0.8% of Gallacher Capital Management LLC’s portfolio, making the stock its 21st biggest position. Gallacher Capital Management LLC’s holdings in JPMorgan US Value Factor ETF were worth $1,708,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Spire Wealth Management lifted its stake in shares of JPMorgan US Value Factor ETF by 11.6% in the 4th quarter. Spire Wealth Management now owns 5,765 shares of the company’s stock valued at $249,000 after purchasing an additional 597 shares during the period. Acropolis Investment Management LLC bought a new stake in JPMorgan US Value Factor ETF in the fourth quarter worth approximately $253,000. Captrust Financial Advisors lifted its stake 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 buying an additional 1,922 shares during the period. Flow Traders U.S. LLC boosted its holdings in shares of JPMorgan US Value Factor ETF by 11.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 7,988 shares of the company’s stock worth $348,000 after buying an additional 844 shares in the last quarter. Finally, Ameritas Advisory Services LLC grew its position in shares of JPMorgan US Value Factor ETF by 25.5% during the 4th quarter. Ameritas Advisory Services LLC now owns 9,164 shares of the company’s stock worth $396,000 after buying an additional 1,864 shares during the period.

JPMorgan US Value Factor ETF Trading Up 2.1 %

JVAL opened at $41.74 on Friday. The company has a fifty day moving average price of $43.97 and a two-hundred day moving average price of $43.84. JPMorgan US Value Factor ETF has a 1-year low of $39.10 and a 1-year high of $46.02. The company has a market cap of $692.88 million, a P/E ratio of 17.90 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.