JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sees Strong Trading Volume – Should You Buy?

JPMorgan US Value Factor ETF (NYSEARCA:JVAL) saw an uptick in trading volume on Friday . 66,811 shares were traded during mid-day trading, an increase of 9% from the previous session’s volume of 61,427 shares.The stock last traded at $45.28 and had previously closed at $44.76.

JPMorgan US Value Factor ETF Price Performance

The stock has a 50-day moving average price of $44.43 and a two-hundred day moving average price of $43.38. The stock has a market cap of $903.16 million, a PE ratio of 15.29 and a beta of 0.99.

Institutional Investors Weigh In On JPMorgan US Value Factor ETF

Several large investors have recently added to or reduced their stakes in the stock. Park Edge Advisors LLC purchased a new stake in shares of JPMorgan US Value Factor ETF in the third quarter worth approximately $207,000. Modera Wealth Management LLC bought a new position in JPMorgan US Value Factor ETF in the third quarter worth approximately $212,000. Spire Wealth Management lifted its stake in shares of JPMorgan US Value Factor ETF by 11.6% during the 4th quarter. Spire Wealth Management now owns 5,765 shares of the company’s stock worth $249,000 after purchasing an additional 597 shares during the last quarter. Acropolis Investment Management LLC bought a new stake in shares of JPMorgan US Value Factor ETF in the 4th quarter valued at about $253,000. Finally, Captrust Financial Advisors boosted its stake in JPMorgan US Value Factor ETF by 38.6% in the third quarter. Captrust Financial Advisors now owns 6,896 shares of the company’s stock valued at $300,000 after acquiring an additional 1,922 shares in the last quarter.

About JPMorgan US 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.