JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Sees Large Volume Increase – Time to Buy?

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) shares saw an uptick in trading volume on Monday. 109,914 shares traded hands during trading, an increase of 60% from the previous session’s volume of 68,511 shares. The stock last traded at $58.8110 and had previously closed at $58.90.

JPMorgan U.S. Value Factor ETF Stock Up 0.1%

The company’s fifty day moving average price is $59.22 and its 200 day moving average price is $56.83. The company has a market capitalization of $1.01 billion, a P/E ratio of 16.37 and a beta of 0.96.

Institutional Investors Weigh In On JPMorgan U.S. Value Factor ETF

Large investors have recently added to or reduced their stakes in the stock. Whittier Trust Co. of Nevada Inc. bought a new stake in JPMorgan U.S. Value Factor ETF during the first quarter worth about $37,000. Western Wealth Management LLC acquired a new stake in JPMorgan U.S. Value Factor ETF during the first quarter worth about $45,000. Fifth Third Bancorp acquired a new stake in JPMorgan U.S. Value Factor ETF during the first quarter worth about $140,000. Geneos Wealth Management Inc. increased its holdings in 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. Finally, GK Wealth Management LLC bought a new position in JPMorgan U.S. Value Factor ETF in the 3rd quarter valued at about $159,000.

JPMorgan U.S. Value Factor ETF Company 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. JVAL was launched on Nov 8, 2017 and is managed by JPMorgan Chase.