JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sets New 1-Year High – Still a Buy?

Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL) hit a new 52-week high during trading on Monday . The company traded as high as $45.86 and last traded at $45.86, with a volume of 1263 shares traded. The stock had previously closed at $45.23.

JPMorgan US Value Factor ETF Trading Down 0.3 %

The firm’s fifty day simple moving average is $43.77 and its two-hundred day simple moving average is $42.25. The company has a market capitalization of $904.76 million, a price-to-earnings ratio of 15.29 and a beta of 0.99.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Goodman Advisory Group LLC acquired a new stake in shares of JPMorgan US Value Factor ETF during the third quarter valued at about $18,011,000. Retirement Planning Group LLC acquired a new stake in JPMorgan US Value Factor ETF in the 2nd quarter valued at approximately $5,411,000. Strategic Financial Concepts LLC purchased a new stake in JPMorgan US Value Factor ETF in the second quarter valued at approximately $34,000. SteelPeak Wealth LLC lifted its stake in JPMorgan US Value Factor ETF by 293.7% during the second quarter. SteelPeak Wealth LLC now owns 78,099 shares of the company’s stock worth $3,192,000 after purchasing an additional 58,261 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in shares of JPMorgan US Value Factor ETF in the third quarter valued at $2,351,000.

JPMorgan US 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.