Berger Financial Group Inc Sells 467 Shares of JPMorgan U.S. Value Factor ETF $JVAL

Berger Financial Group Inc lowered its stake in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 9.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,542 shares of the company’s stock after selling 467 shares during the quarter. Berger Financial Group Inc’s holdings in JPMorgan U.S. Value Factor ETF were worth $201,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of JVAL. Ascent Group LLC bought a new position in shares of JPMorgan U.S. Value Factor ETF during the 2nd quarter worth about $200,000. Ameritas Advisory Services LLC increased its stake in JPMorgan U.S. Value Factor ETF by 10.9% during the second quarter. Ameritas Advisory Services LLC now owns 10,899 shares of the company’s stock valued at $482,000 after acquiring an additional 1,067 shares during the period. Triad Wealth Partners LLC acquired a new position in JPMorgan U.S. Value Factor ETF in the 2nd quarter valued at approximately $285,000. Mainsail Financial Group LLC raised its holdings in JPMorgan U.S. Value Factor ETF by 0.7% in the 2nd quarter. Mainsail Financial Group LLC now owns 366,260 shares of the company’s stock valued at $16,324,000 after acquiring an additional 2,603 shares in the last quarter. Finally, Fifth Third Securities Inc. lifted its position in shares of JPMorgan U.S. Value Factor ETF by 1.3% in the 2nd quarter. Fifth Third Securities Inc. now owns 50,002 shares of the company’s stock worth $2,212,000 after acquiring an additional 628 shares during the period.

JPMorgan U.S. Value Factor ETF Trading Up 0.4%

Shares of NYSEARCA:JVAL opened at $48.25 on Tuesday. The firm has a market capitalization of $562.11 million, a PE ratio of 16.37 and a beta of 1.05. JPMorgan U.S. Value Factor ETF has a 1-year low of $35.62 and a 1-year high of $48.42. The business’s 50 day moving average is $46.49 and its 200-day moving average is $43.61.

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.