Mainsail Financial Group LLC Raises Stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Mainsail Financial Group LLC lifted its position in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 5.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 245,530 shares of the company’s stock after acquiring an additional 13,146 shares during the quarter. JPMorgan US Value Factor ETF makes up approximately 7.0% of Mainsail Financial Group LLC’s portfolio, making the stock its 2nd largest position. Mainsail Financial Group LLC owned about 1.20% of JPMorgan US Value Factor ETF worth $10,219,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cobblestone Asset Management LLC purchased a new position in JPMorgan US Value Factor ETF in the first quarter worth $307,000. SteelPeak Wealth LLC purchased a new position in shares of JPMorgan US Value Factor ETF in the 1st quarter worth about $826,000. Massmutual Trust Co. FSB ADV bought a new position in JPMorgan US Value Factor ETF during the first quarter valued at about $41,000. ICA Group Wealth Management LLC purchased a new stake in JPMorgan US Value Factor ETF during the fourth quarter worth about $44,000. Finally, Thoroughbred Financial Services LLC raised its position in JPMorgan US Value Factor ETF by 167.8% in the fourth quarter. Thoroughbred Financial Services LLC now owns 34,235 shares of the company’s stock worth $1,320,000 after acquiring an additional 21,453 shares during the period.

JPMorgan US Value Factor ETF Stock Up 0.1 %

JVAL opened at $40.88 on Thursday. The company’s 50-day moving average price is $40.71 and its two-hundred day moving average price is $39.92. JPMorgan US Value Factor ETF has a twelve month low of $32.76 and a twelve month high of $41.73. The stock has a market cap of $811.47 million, a price-to-earnings ratio of 15.29 and a beta of 0.99.

JPMorgan US Value Factor ETF Company 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.