JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Sets New 52-Week High – Should You Buy?

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $54.57 and last traded at $54.45, with a volume of 77867 shares traded. The stock had previously closed at $53.72.

JPMorgan U.S. Value Factor ETF Stock Performance

The company has a market capitalization of $740.52 million, a price-to-earnings ratio of 16.37 and a beta of 0.95. The firm has a fifty day moving average price of $50.80 and a 200-day moving average price of $49.98.

Institutional Trading of JPMorgan U.S. Value Factor ETF

Several large investors have recently modified their holdings of JVAL. Realta Investment Advisors acquired a new stake in JPMorgan U.S. Value Factor ETF in the fourth quarter valued at about $29,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in JPMorgan U.S. Value Factor ETF in the first quarter valued at about $37,000. IFP Advisors Inc boosted its stake in JPMorgan U.S. Value Factor ETF by 35.0% in the third quarter. IFP Advisors Inc now owns 826 shares of the company’s stock valued at $39,000 after buying an additional 214 shares in the last quarter. Greenline Wealth Management LLC acquired a new stake in JPMorgan U.S. Value Factor ETF in the fourth quarter valued at about $44,000. Finally, Assetmark Inc. boosted its stake in JPMorgan U.S. Value Factor ETF by 2,726.5% in the fourth quarter. Assetmark Inc. now owns 961 shares of the company’s stock valued at $47,000 after buying an additional 927 shares in the last quarter.

About JPMorgan U.S. Value Factor ETF

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.