Goodwin Investment Advisory Acquires 13,298 Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Goodwin Investment Advisory grew its holdings in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 95.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,268 shares of the company’s stock after purchasing an additional 13,298 shares during the period. JPMorgan US Value Factor ETF comprises about 0.5% of Goodwin Investment Advisory’s investment portfolio, making the stock its 17th biggest holding. Goodwin Investment Advisory owned 0.15% of JPMorgan US Value Factor ETF worth $1,052,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of JVAL. Private Advisor Group LLC grew its position in JPMorgan US Value Factor ETF by 1.2% in the 3rd quarter. Private Advisor Group LLC now owns 23,901 shares of the company’s stock worth $828,000 after purchasing an additional 294 shares during the period. Stratos Wealth Partners LTD. grew its holdings in shares of JPMorgan US Value Factor ETF by 4.3% in the fourth quarter. Stratos Wealth Partners LTD. now owns 7,912 shares of the company’s stock worth $305,000 after acquiring an additional 329 shares during the period. Raymond James & Associates increased its position in JPMorgan US Value Factor ETF by 1.0% during the third quarter. Raymond James & Associates now owns 34,462 shares of the company’s stock valued at $1,194,000 after acquiring an additional 358 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in JPMorgan US Value Factor ETF by 25.1% in the third quarter. Geneos Wealth Management Inc. now owns 1,995 shares of the company’s stock worth $69,000 after purchasing an additional 400 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new position in JPMorgan US Value Factor ETF in the first quarter worth about $26,000.

JPMorgan US Value Factor ETF Price Performance

Shares of NYSEARCA:JVAL traded down $0.14 during trading on Wednesday, hitting $39.20. The company’s stock had a trading volume of 40,616 shares, compared to its average volume of 136,623. The firm has a market cap of $799.68 million, a price-to-earnings ratio of 15.36 and a beta of 1.00. The company has a 50-day moving average of $40.24 and a 200-day moving average of $37.82. JPMorgan US Value Factor ETF has a 12 month low of $32.70 and a 12 month high of $41.73.

JPMorgan US Value Factor ETF 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.