Gateway Wealth Partners LLC Buys Shares of 22,627 JPMorgan U.S. Value Factor ETF $JVAL

Gateway Wealth Partners LLC purchased a new position in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 22,627 shares of the company’s stock, valued at approximately $1,001,000. Gateway Wealth Partners LLC owned about 0.19% of JPMorgan U.S. Value Factor ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Cobblestone Capital Advisors LLC NY boosted its holdings in JPMorgan U.S. Value Factor ETF by 0.4% in the first quarter. Cobblestone Capital Advisors LLC NY now owns 1,196,798 shares of the company’s stock worth $49,571,000 after purchasing an additional 5,222 shares in the last quarter. Capital Analysts LLC raised its stake in shares of JPMorgan U.S. Value Factor ETF by 248.9% in the 1st quarter. Capital Analysts LLC now owns 949 shares of the company’s stock valued at $39,000 after acquiring an additional 677 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in JPMorgan U.S. Value Factor ETF in the 1st quarter worth approximately $1,031,000. Barnes Wealth Management Group Inc boosted its position in JPMorgan U.S. Value Factor ETF by 3.2% during the first quarter. Barnes Wealth Management Group Inc now owns 8,360 shares of the company’s stock worth $346,000 after purchasing an additional 262 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in JPMorgan U.S. Value Factor ETF by 0.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 74,046 shares of the company’s stock worth $3,067,000 after purchasing an additional 341 shares during the period.

JPMorgan U.S. Value Factor ETF Trading Down 0.0%

Shares of JPMorgan U.S. Value Factor ETF stock opened at $49.27 on Friday. The firm has a fifty day simple moving average of $47.86 and a 200-day simple moving average of $45.95. The stock has a market capitalization of $566.61 million, a price-to-earnings ratio of 16.37 and a beta of 1.00. JPMorgan U.S. Value Factor ETF has a 1-year low of $35.62 and a 1-year high of $49.44.

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.