Gallacher Capital Management LLC Sells 594 Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Gallacher Capital Management LLC lowered its position in shares of JPMorgan US Value Factor ETF (NYSEARCA:JVALFree Report) by 1.4% in the second quarter, Holdings Channel reports. The firm owned 40,560 shares of the company’s stock after selling 594 shares during the period. JPMorgan US Value Factor ETF accounts for 0.9% of Gallacher Capital Management LLC’s investment portfolio, making the stock its 21st biggest holding. Gallacher Capital Management LLC’s holdings in JPMorgan US Value Factor ETF were worth $1,658,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Strategic Financial Concepts LLC bought a new position in shares of JPMorgan US Value Factor ETF during the second quarter worth $34,000. Massmutual Trust Co. FSB ADV acquired a new stake in JPMorgan US Value Factor ETF during the 1st quarter worth $41,000. ICA Group Wealth Management LLC bought a new position in JPMorgan US Value Factor ETF during the fourth quarter worth about $44,000. Park Place Capital Corp acquired a new position in JPMorgan US Value Factor ETF in the second quarter valued at about $48,000. Finally, Perigon Wealth Management LLC bought a new stake in shares of JPMorgan US Value Factor ETF in the first quarter worth about $209,000.

JPMorgan US Value Factor ETF Price Performance

NYSEARCA JVAL opened at $41.33 on Friday. JPMorgan US Value Factor ETF has a one year low of $32.76 and a one year high of $43.20. The firm has a market cap of $820.30 million, a P/E ratio of 15.29 and a beta of 0.99. The stock’s 50-day moving average is $41.71 and its 200-day moving average is $40.95.

JPMorgan US Value Factor ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding JVAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan US Value Factor ETF (NYSEARCA:JVALFree Report).

Institutional Ownership by Quarter for JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

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