JPMorgan U.S. Value Factor ETF $JVAL Shares Newly Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 20,167 shares of the company’s stock, valued at approximately $1,168,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Avidian Wealth Enterprises LLC bought a new stake in JPMorgan U.S. Value Factor ETF in the 3rd quarter worth about $69,303,000. Prism Advisors Inc. bought a new position in shares of JPMorgan U.S. Value Factor ETF during the 3rd quarter worth approximately $13,647,000. Fifth Third Securities Inc. purchased a new position in shares of JPMorgan U.S. Value Factor ETF in the 3rd quarter worth approximately $2,243,000. Sigma Planning Corp purchased a new position in shares of JPMorgan U.S. Value Factor ETF in the 3rd quarter worth approximately $1,928,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in shares of JPMorgan U.S. Value Factor ETF in the 3rd quarter worth approximately $1,891,000.

JPMorgan U.S. Value Factor ETF Price Performance

JVAL stock opened at $57.00 on Monday. The firm has a market cap of $1.03 billion, a PE ratio of 17.74 and a beta of 0.97. The business has a 50 day moving average of $58.80 and a 200-day moving average of $55.63. JPMorgan U.S. Value Factor ETF has a 12-month low of $45.91 and a 12-month high of $60.64.

JPMorgan U.S. Value Factor ETF 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.