Gateway Wealth Partners LLC Has $2.18 Million Holdings in JPMorgan U.S. Value Factor ETF $JVAL

Gateway Wealth Partners LLC increased its holdings in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 113.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,672 shares of the company’s stock after purchasing an additional 23,738 shares during the quarter. Gateway Wealth Partners LLC owned approximately 0.33% of JPMorgan U.S. Value Factor ETF worth $2,183,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in JVAL. Captrust Financial Advisors boosted its stake in shares of JPMorgan U.S. Value Factor ETF by 23,712.7% during the 4th quarter. Captrust Financial Advisors now owns 1,184,445 shares of the company’s stock worth $58,133,000 after buying an additional 1,179,471 shares during the last quarter. Goodman Advisory Group LLC acquired a new stake in shares of JPMorgan U.S. Value Factor ETF in the fourth quarter valued at about $19,545,000. Mariner LLC raised its holdings in JPMorgan U.S. Value Factor ETF by 890.6% during the fourth quarter. Mariner LLC now owns 150,781 shares of the company’s stock worth $7,400,000 after acquiring an additional 135,560 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in JPMorgan U.S. Value Factor ETF by 34.0% during the fourth quarter. Thrivent Financial for Lutherans now owns 436,091 shares of the company’s stock worth $21,582,000 after acquiring an additional 110,666 shares in the last quarter. Finally, Orion Porfolio Solutions LLC boosted its position in JPMorgan U.S. Value Factor ETF by 45.5% during the second quarter. Orion Porfolio Solutions LLC now owns 252,941 shares of the company’s stock valued at $11,188,000 after purchasing an additional 79,067 shares during the last quarter.

JPMorgan U.S. Value Factor ETF Stock Up 0.6%

JVAL stock opened at $57.69 on Tuesday. The business has a 50 day moving average price of $57.53 and a two-hundred day moving average price of $53.53. The company has a market cap of $830.74 million, a price-to-earnings ratio of 16.37 and a beta of 0.95. JPMorgan U.S. Value Factor ETF has a twelve month low of $43.88 and a twelve month high of $59.20.

About JPMorgan U.S. Value Factor ETF

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.