JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Shares Sold by MAI Capital Management

MAI Capital Management lowered its stake in JPMorgan US Value Factor ETF (NYSEARCA:JVALFree Report) by 6.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,250 shares of the company’s stock after selling 1,350 shares during the quarter. MAI Capital Management owned about 0.10% of JPMorgan US Value Factor ETF worth $882,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Park Place Capital Corp acquired a new position in shares of JPMorgan US Value Factor ETF in the 2nd quarter worth approximately $48,000. Park Edge Advisors LLC acquired a new stake in shares of JPMorgan US Value Factor ETF in the third quarter valued at $207,000. Modera Wealth Management LLC purchased a new stake in shares of JPMorgan US Value Factor ETF in the 3rd quarter valued at $212,000. Ameritas Advisory Services LLC lifted its stake in JPMorgan US Value Factor ETF by 41.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 7,543 shares of the company’s stock worth $308,000 after acquiring an additional 2,206 shares in the last quarter. Finally, Comerica Bank lifted its stake in JPMorgan US Value Factor ETF by 4.6% during the 1st quarter. Comerica Bank now owns 8,509 shares of the company’s stock worth $354,000 after acquiring an additional 372 shares in the last quarter.

JPMorgan US Value Factor ETF Price Performance

NYSEARCA JVAL opened at $44.76 on Friday. The company has a market cap of $888.49 million, a P/E ratio of 15.29 and a beta of 0.99. JPMorgan US Value Factor ETF has a 1-year low of $35.75 and a 1-year high of $45.50. The stock has a 50-day moving average of $43.66 and a two-hundred day moving average of $42.16.

JPMorgan US Value Factor ETF Company Profile

(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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Institutional Ownership by Quarter for JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

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