Retirement Planning Group LLC Trims Stake in JPMorgan U.S. Value Factor ETF $JVAL

Retirement Planning Group LLC lowered its position in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 21.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,932 shares of the company’s stock after selling 5,543 shares during the quarter. Retirement Planning Group LLC owned about 0.17% of JPMorgan U.S. Value Factor ETF worth $882,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in JVAL. Avidian Wealth Enterprises LLC increased its stake in JPMorgan U.S. Value Factor ETF by 81.5% in the 2nd quarter. Avidian Wealth Enterprises LLC now owns 961,736 shares of the company’s stock worth $42,538,000 after buying an additional 431,743 shares during the period. LPL Financial LLC increased its stake in JPMorgan U.S. Value Factor ETF by 17.7% in the 1st quarter. LPL Financial LLC now owns 980,313 shares of the company’s stock worth $40,605,000 after buying an additional 147,494 shares during the period. Crossmark Global Holdings Inc. purchased a new position in JPMorgan U.S. Value Factor ETF in the 1st quarter worth about $2,514,000. Kathmere Capital Management LLC increased its stake in JPMorgan U.S. Value Factor ETF by 36.2% in the 2nd quarter. Kathmere Capital Management LLC now owns 143,006 shares of the company’s stock worth $6,325,000 after buying an additional 38,040 shares during the period. Finally, Cetera Investment Advisers increased its stake in JPMorgan U.S. Value Factor ETF by 19.4% in the 1st quarter. Cetera Investment Advisers now owns 166,347 shares of the company’s stock worth $6,890,000 after buying an additional 27,000 shares during the period.

JPMorgan U.S. Value Factor ETF Price Performance

JVAL stock opened at $47.84 on Thursday. The company has a market capitalization of $554.94 million, a PE ratio of 16.37 and a beta of 1.05. JPMorgan U.S. Value Factor ETF has a 12 month low of $35.62 and a 12 month high of $48.42. The firm’s 50-day moving average is $47.11 and its 200 day moving average is $44.11.

JPMorgan U.S. 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.