JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sees Unusually-High Trading Volume – What’s Next?

JPMorgan US Value Factor ETF (NYSEARCA:JVAL) saw an uptick in trading volume on Wednesday . 391,022 shares changed hands during trading, an increase of 439% from the previous session’s volume of 72,569 shares.The stock last traded at $45.04 and had previously closed at $44.99.

JPMorgan US Value Factor ETF Price Performance

The firm has a fifty day moving average of $44.35 and a two-hundred day moving average of $43.25. The stock has a market capitalization of $895.83 million, a P/E ratio of 15.29 and a beta of 0.99.

Institutional Trading of JPMorgan US Value Factor ETF

A number of institutional investors have recently made changes to their positions in JVAL. Confluence Wealth Services Inc. raised its stake in JPMorgan US Value Factor ETF by 0.5% in the 3rd quarter. Confluence Wealth Services Inc. now owns 52,651 shares of the company’s stock worth $2,294,000 after acquiring an additional 267 shares during the last quarter. Patten Group Inc. lifted its holdings in JPMorgan US Value Factor ETF by 3.2% in the 3rd quarter. Patten Group Inc. now owns 11,533 shares of the company’s stock valued at $502,000 after purchasing an additional 363 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC raised its holdings in JPMorgan US Value Factor ETF by 2.4% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 22,820 shares of the company’s stock valued at $985,000 after acquiring an additional 537 shares during the last quarter. Spire Wealth Management increased its stake in JPMorgan US Value Factor ETF by 11.6% during the fourth quarter. Spire Wealth Management now owns 5,765 shares of the company’s stock worth $249,000 after acquiring an additional 597 shares during the last quarter. Finally, Private Advisor Group LLC boosted its holdings in JPMorgan US Value Factor ETF by 5.3% during the 3rd quarter. Private Advisor Group LLC now owns 13,197 shares of the company’s stock valued at $575,000 after acquiring an additional 667 shares during the period.

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.