Berger Financial Group Inc Buys Shares of 5,388 JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Berger Financial Group Inc purchased a new stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) during the 4th quarter, Holdings Channel reports. The firm purchased 5,388 shares of the company’s stock, valued at approximately $233,000.

Several other large investors have also modified their holdings of JVAL. Spire Wealth Management boosted its position in JPMorgan US Value Factor ETF by 11.6% during the fourth quarter. Spire Wealth Management now owns 5,765 shares of the company’s stock worth $249,000 after acquiring an additional 597 shares during the last quarter. Acropolis Investment Management LLC purchased a new position in JPMorgan US Value Factor ETF during the fourth quarter worth approximately $253,000. Ameritas Advisory Services LLC raised its stake in JPMorgan US Value Factor ETF by 25.5% during the fourth quarter. Ameritas Advisory Services LLC now owns 9,164 shares of the company’s stock worth $396,000 after purchasing an additional 1,864 shares during the period. Envestnet Asset Management Inc. raised its stake in JPMorgan US Value Factor ETF by 7.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 10,473 shares of the company’s stock worth $452,000 after purchasing an additional 748 shares during the period. Finally, Miracle Mile Advisors LLC raised its stake in shares of JPMorgan US Value Factor ETF by 17.9% in the 4th quarter. Miracle Mile Advisors LLC now owns 11,969 shares of the company’s stock valued at $517,000 after acquiring an additional 1,817 shares during the period.

JPMorgan US Value Factor ETF Trading Up 0.4 %

Shares of JVAL stock opened at $39.90 on Tuesday. The company’s fifty day simple moving average is $40.85 and its 200-day simple moving average is $43.12. JPMorgan US Value Factor ETF has a 52 week low of $35.62 and a 52 week high of $46.02. The company has a market cap of $632.42 million, a PE ratio of 15.63 and a beta of 1.00.

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.