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

Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVALGet Free Report) saw strong trading volume on Monday . 48,320 shares changed hands during trading, an increase of 7% from the previous session’s volume of 45,332 shares.The stock last traded at $42.86 and had previously closed at $42.82.

JPMorgan US Value Factor ETF Stock Up 1.2 %

The firm’s 50 day moving average is $44.40 and its two-hundred day moving average is $43.10. The stock has a market cap of $874.59 million, a price-to-earnings ratio of 15.29 and a beta of 0.99.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Park Edge Advisors LLC bought a new position in JPMorgan US Value Factor ETF in the 3rd quarter worth about $207,000. Modera Wealth Management LLC acquired a new position in shares of JPMorgan US Value Factor ETF during the third quarter worth approximately $212,000. Acropolis Investment Management LLC bought a new position in JPMorgan US Value Factor ETF in the 4th quarter worth approximately $253,000. Captrust Financial Advisors increased its position in JPMorgan US Value Factor ETF by 38.6% in the 3rd 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 during the period. Finally, Flow Traders U.S. LLC increased its position in JPMorgan US Value Factor ETF by 11.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 7,988 shares of the company’s stock valued at $348,000 after acquiring an additional 844 shares during the period.

About JPMorgan US Value Factor ETF

(Get 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.

Further Reading

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