JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sets New 52-Week High – Should You Buy?

JPMorgan US Value Factor ETF (NYSEARCA:JVAL)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $45.86 and last traded at $45.86, with a volume of 1263 shares traded. The stock had previously closed at $45.23.

JPMorgan US Value Factor ETF Trading Up 1.3 %

The firm has a market capitalization of $909.33 million, a P/E ratio of 15.29 and a beta of 0.99. The company has a 50 day moving average of $43.71 and a 200-day moving average of $42.21.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Park Place Capital Corp bought a new position in JPMorgan US Value Factor ETF during the 2nd quarter worth $48,000. Park Edge Advisors LLC acquired a new position in JPMorgan US Value Factor ETF in the third quarter valued at about $207,000. Modera Wealth Management LLC bought a new stake in JPMorgan US Value Factor ETF during the third quarter worth about $212,000. Captrust Financial Advisors lifted its holdings in shares of JPMorgan US Value Factor ETF by 38.6% during the 3rd quarter. Captrust Financial Advisors now owns 6,896 shares of the company’s stock worth $300,000 after acquiring an additional 1,922 shares during the period. Finally, Ameritas Advisory Services LLC boosted its position in shares of JPMorgan US Value Factor ETF by 41.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 7,543 shares of the company’s stock worth $308,000 after acquiring an additional 2,206 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.