Retirement Planning Group LLC Cuts Stock Position in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

by · The Cerbat Gem

Retirement Planning Group LLC trimmed its position in shares of JPMorgan US Value Factor ETF (NYSEARCA:JVALFree Report) by 43.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 74,812 shares of the company’s stock after selling 57,578 shares during the quarter. Retirement Planning Group LLC’s holdings in JPMorgan US Value Factor ETF were worth $3,260,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. SVB Wealth LLC raised its stake in shares of JPMorgan US Value Factor ETF by 40.2% during the 1st quarter. SVB Wealth LLC now owns 334,603 shares of the company’s stock worth $13,926,000 after acquiring an additional 95,932 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in JPMorgan US Value Factor ETF in the second quarter worth $34,000. SteelPeak Wealth LLC lifted its holdings in shares of JPMorgan US Value Factor ETF by 293.7% during the 2nd quarter. SteelPeak Wealth LLC now owns 78,099 shares of the company’s stock valued at $3,192,000 after purchasing an additional 58,261 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of JPMorgan US Value Factor ETF by 1.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 4,621,460 shares of the company’s stock valued at $188,879,000 after purchasing an additional 47,671 shares during the last quarter. Finally, Mainsail Financial Group LLC boosted its position in shares of JPMorgan US Value Factor ETF by 18.1% in the 2nd quarter. Mainsail Financial Group LLC now owns 289,879 shares of the company’s stock worth $11,847,000 after purchasing an additional 44,349 shares in the last quarter.

JPMorgan US Value Factor ETF Price Performance

Shares of NYSEARCA:JVAL opened at $43.73 on Friday. The business’s 50-day moving average is $42.36 and its 200 day moving average is $41.41. JPMorgan US Value Factor ETF has a 1 year low of $32.76 and a 1 year high of $43.77. The firm has a market capitalization of $868.04 million, a P/E ratio of 15.29 and a beta of 0.99.

JPMorgan US Value Factor ETF Company Profile

(Free Report)

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.

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