JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sees Strong Trading Volume – Time to Buy?

JPMorgan US Value Factor ETF (NYSEARCA:JVAL) shares saw unusually-high trading volume on Thursday . Approximately 310,931 shares traded hands during trading, an increase of 352% from the previous session’s volume of 68,786 shares.The stock last traded at $44.57 and had previously closed at $44.41.

JPMorgan US Value Factor ETF Stock Performance

The company has a 50-day moving average of $44.24 and a 200-day moving average of $43.57. The stock has a market capitalization of $890.67 million, a price-to-earnings ratio of 15.29 and a beta of 0.99.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Goodman Advisory Group LLC acquired a new stake in shares of JPMorgan US Value Factor ETF during the 3rd quarter worth $18,011,000. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan US Value Factor ETF during the 4th quarter worth $5,855,000. Columbia Advisory Partners LLC acquired a new stake in shares of JPMorgan US Value Factor ETF during the 4th quarter worth $5,151,000. SteelPeak Wealth LLC acquired a new stake in shares of JPMorgan US Value Factor ETF during the 4th quarter worth $3,721,000. Finally, SVB Wealth LLC increased its holdings in shares of JPMorgan US Value Factor ETF by 1,565.0% during the 4th quarter. SVB Wealth LLC now owns 90,092 shares of the company’s stock worth $3,892,000 after buying an additional 84,681 shares during 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.