Addison Advisors LLC Has $364,000 Stock Position in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Addison Advisors LLC grew its stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 123.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,910 shares of the company’s stock after buying an additional 4,920 shares during the period. Addison Advisors LLC’s holdings in JPMorgan US Value Factor ETF were worth $364,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Massmutual Trust Co. FSB ADV bought a new position in shares of JPMorgan US Value Factor ETF in the first quarter worth about $41,000. ICA Group Wealth Management LLC bought a new position in shares of JPMorgan US Value Factor ETF in the fourth quarter worth about $44,000. Park Place Capital Corp bought a new position in shares of JPMorgan US Value Factor ETF in the second quarter worth about $48,000. Perigon Wealth Management LLC bought a new position in shares of JPMorgan US Value Factor ETF in the first quarter worth about $209,000. Finally, Truist Financial Corp bought a new position in shares of JPMorgan US Value Factor ETF in the fourth quarter worth about $221,000.

JPMorgan US Value Factor ETF Trading Down 0.8 %

JVAL traded down $0.33 on Friday, hitting $41.68. 2,089 shares of the stock traded hands, compared to its average volume of 119,779. JPMorgan US Value Factor ETF has a 52 week low of $32.76 and a 52 week high of $43.20. The firm has a market capitalization of $827.35 million, a PE ratio of 15.29 and a beta of 0.99. The business has a fifty day moving average price of $41.70 and a two-hundred day moving average price of $40.92.

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.