Gallacher Capital Management LLC Sells 988 Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Gallacher Capital Management LLC lowered its holdings in shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 2.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,347 shares of the company’s stock after selling 988 shares during the quarter. JPMorgan US Value Factor ETF accounts for 0.9% of Gallacher Capital Management LLC’s portfolio, making the stock its 18th biggest holding. Gallacher Capital Management LLC owned about 0.24% of JPMorgan US Value Factor ETF worth $1,634,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Addison Advisors LLC raised its holdings in shares of JPMorgan US Value Factor ETF by 1,209.1% in the 4th quarter. Addison Advisors LLC now owns 4,320 shares of the company’s stock valued at $167,000 after purchasing an additional 3,990 shares in the last quarter. Good Life Advisors LLC bought a new position in JPMorgan US Value Factor ETF in the fourth quarter worth about $200,000. Snider Financial Group purchased a new stake in shares of JPMorgan US Value Factor ETF during the fourth quarter valued at about $209,000. Avaii Wealth Management LLC bought a new stake in shares of JPMorgan US Value Factor ETF in the 4th quarter valued at about $210,000. Finally, Truist Financial Corp purchased a new position in shares of JPMorgan US Value Factor ETF in the 4th quarter worth approximately $221,000.

JPMorgan US Value Factor ETF Trading Up 1.0 %

Shares of JVAL stock traded up $0.38 during trading hours on Friday, reaching $40.05. 28,182 shares of the company’s stock were exchanged, compared to its average volume of 129,675. The company has a market cap of $801 million, a price-to-earnings ratio of 14.80 and a beta of 0.99. JPMorgan US Value Factor ETF has a fifty-two week low of $32.70 and a fifty-two week high of $41.73. The stock’s 50 day moving average is $40.33 and its 200-day moving average is $38.29.

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.