JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sees Large Volume Increase – Should You Buy?

JPMorgan US Value Factor ETF (NYSEARCA:JVAL) saw unusually-high trading volume on Thursday . Approximately 366,038 shares traded hands during mid-day trading, an increase of 439% from the previous session’s volume of 67,886 shares.The stock last traded at $42.29 and had previously closed at $42.29.

JPMorgan US Value Factor ETF Stock Down 0.5 %

The firm’s 50-day moving average is $43.84 and its 200-day moving average is $43.80. The company has a market capitalization of $695.54 million, a PE ratio of 17.90 and a beta of 1.06.

Institutional Investors Weigh In On JPMorgan US Value Factor ETF

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