JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Reaches New 1-Year High – Time to Buy?

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVALGet Free Report)’s share price hit a new 52-week high on Friday . The company traded as high as $55.70 and last traded at $55.70, with a volume of 301 shares traded. The stock had previously closed at $55.04.

JPMorgan U.S. Value Factor ETF Trading Up 1.2%

The firm’s 50-day moving average is $51.78 and its two-hundred day moving average is $50.56. The stock has a market cap of $761.33 million, a price-to-earnings ratio of 16.37 and a beta of 0.95.

Institutional Trading of JPMorgan U.S. Value Factor ETF

Several large investors have recently bought and sold shares of the business. Western Wealth Management LLC purchased a new stake in JPMorgan U.S. Value Factor ETF during the 1st quarter valued at about $45,000. Bank of America Corp DE grew its stake in shares of JPMorgan U.S. Value Factor ETF by 4.0% in the 1st quarter. Bank of America Corp DE now owns 559,159 shares of the company’s stock valued at $27,320,000 after buying an additional 21,394 shares during the period. Royal Bank of Canada grew its stake in shares of JPMorgan U.S. Value Factor ETF by 71.8% in the 1st quarter. Royal Bank of Canada now owns 31,692 shares of the company’s stock valued at $1,549,000 after buying an additional 13,243 shares during the period. Gateway Wealth Partners LLC grew its stake in shares of JPMorgan U.S. Value Factor ETF by 113.4% in the 1st quarter. Gateway Wealth Partners LLC now owns 44,672 shares of the company’s stock valued at $2,183,000 after buying an additional 23,738 shares during the period. Finally, Geneos Wealth Management Inc. grew its stake in shares of JPMorgan U.S. Value Factor ETF by 22.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,180 shares of the company’s stock valued at $155,000 after buying an additional 581 shares during the period.

JPMorgan U.S. Value Factor ETF Company Profile

(Get 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. JVAL was launched on Nov 8, 2017 and is managed by JPMorgan Chase.

See Also

Receive News & Ratings for JPMorgan U.S. Value Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan U.S. Value Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.