Addison Advisors LLC Boosts Holdings in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Addison Advisors LLC raised its stake in shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 1,209.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,320 shares of the company’s stock after acquiring an additional 3,990 shares during the period. Addison Advisors LLC’s holdings in JPMorgan US Value Factor ETF were worth $167,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of JVAL. Private Advisor Group LLC grew its stake in JPMorgan US Value Factor ETF by 1.2% during the third quarter. Private Advisor Group LLC now owns 23,901 shares of the company’s stock valued at $828,000 after acquiring an additional 294 shares in the last quarter. Stratos Wealth Partners LTD. increased its holdings in shares of JPMorgan US Value Factor ETF by 4.3% in the fourth quarter. Stratos Wealth Partners LTD. now owns 7,912 shares of the company’s stock worth $305,000 after purchasing an additional 329 shares during the last quarter. Raymond James & Associates lifted its position in shares of JPMorgan US Value Factor ETF by 1.0% in the third quarter. Raymond James & Associates now owns 34,462 shares of the company’s stock worth $1,194,000 after buying an additional 358 shares in the last quarter. Spire Wealth Management boosted its stake in JPMorgan US Value Factor ETF by 14.6% during the third quarter. Spire Wealth Management now owns 7,320 shares of the company’s stock valued at $254,000 after buying an additional 930 shares during the last quarter. Finally, Goodwin Investment Advisory grew its holdings in JPMorgan US Value Factor ETF by 13.9% during the 3rd quarter. Goodwin Investment Advisory now owns 13,970 shares of the company’s stock valued at $484,000 after buying an additional 1,703 shares in the last quarter.

JPMorgan US Value Factor ETF Stock Performance

NYSEARCA:JVAL traded up $0.25 during trading hours on Friday, reaching $39.96. The stock had a trading volume of 60,542 shares, compared to its average volume of 135,726. The company has a 50 day moving average price of $40.29 and a two-hundred day moving average price of $38.03. JPMorgan US Value Factor ETF has a 52 week low of $32.70 and a 52 week high of $41.73. The stock has a market capitalization of $799.20 million, a PE ratio of 14.80 and a beta of 0.99.

JPMorgan US 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.