Planned Solutions Inc. Buys 3,825 Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Planned Solutions Inc. grew its stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 1.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 249,306 shares of the company’s stock after purchasing an additional 3,825 shares during the period. JPMorgan US Value Factor ETF makes up approximately 4.4% of Planned Solutions Inc.’s portfolio, making the stock its 6th biggest holding. Planned Solutions Inc. owned about 1.26% of JPMorgan US Value Factor ETF worth $10,862,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Massmutual Trust Co. FSB ADV purchased a new stake in shares of JPMorgan US Value Factor ETF in the first quarter valued at approximately $41,000. Comerica Bank boosted its position in JPMorgan US Value Factor ETF by 4.6% during the first quarter. Comerica Bank now owns 8,509 shares of the company’s stock worth $354,000 after purchasing an additional 372 shares in the last quarter. Cetera Investment Advisers boosted its position in JPMorgan US Value Factor ETF by 7.9% during the first quarter. Cetera Investment Advisers now owns 147,171 shares of the company’s stock worth $6,125,000 after purchasing an additional 10,781 shares in the last quarter. Patten Group Inc. boosted its position in JPMorgan US Value Factor ETF by 23.8% during the second quarter. Patten Group Inc. now owns 11,170 shares of the company’s stock worth $457,000 after purchasing an additional 2,145 shares in the last quarter. Finally, Fifth Third Securities Inc. boosted its position in JPMorgan US Value Factor ETF by 54.6% during the second quarter. Fifth Third Securities Inc. now owns 64,164 shares of the company’s stock worth $2,622,000 after purchasing an additional 22,660 shares in the last quarter.

JPMorgan US Value Factor ETF Price Performance

JVAL traded down $0.12 during trading on Thursday, reaching $43.38. 645 shares of the stock were exchanged, compared to its average volume of 116,221. The business’s 50 day moving average price is $42.27 and its two-hundred day moving average price is $41.38. The company has a market capitalization of $861.09 million, a price-to-earnings ratio of 15.29 and a beta of 0.99. JPMorgan US Value Factor ETF has a 1 year low of $32.76 and a 1 year high of $43.74.

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.