Cobblestone Asset Management LLC Takes $307,000 Position in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Cobblestone Asset Management LLC purchased a new position in shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,386 shares of the company’s stock, valued at approximately $307,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JVAL. Massmutual Trust Co. FSB ADV acquired a new position in shares of JPMorgan US Value Factor ETF during the first quarter worth $41,000. ICA Group Wealth Management LLC acquired a new position in JPMorgan US Value Factor ETF in the 4th quarter worth $44,000. Addison Advisors LLC boosted its position in JPMorgan US Value Factor ETF by 1,209.1% in the 4th quarter. Addison Advisors LLC now owns 4,320 shares of the company’s stock valued at $167,000 after buying an additional 3,990 shares during the last quarter. Good Life Advisors LLC purchased a new position in JPMorgan US Value Factor ETF in the 4th quarter valued at about $200,000. Finally, Snider Financial Group acquired a new stake in shares of JPMorgan US Value Factor ETF during the fourth quarter valued at about $209,000.

JPMorgan US Value Factor ETF Stock Performance

Shares of NYSEARCA:JVAL traded down $0.23 during trading on Monday, hitting $40.64. The company’s stock had a trading volume of 154,686 shares, compared to its average volume of 103,583. JPMorgan US Value Factor ETF has a fifty-two week low of $32.76 and a fifty-two week high of $41.73. The stock’s 50-day moving average price is $40.65 and its two-hundred day moving average price is $39.88. The company has a market capitalization of $806.70 million, a PE ratio of 15.29 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.