Integrated Wealth Concepts LLC Decreases Stock Holdings in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Integrated Wealth Concepts LLC reduced its stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 19.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 126,025 shares of the company’s stock after selling 29,983 shares during the period. Integrated Wealth Concepts LLC’s holdings in JPMorgan US Value Factor ETF were worth $5,491,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Confluence Wealth Services Inc. raised its position in JPMorgan US Value Factor ETF by 0.5% during the 2nd quarter. Confluence Wealth Services Inc. now owns 52,384 shares of the company’s stock worth $2,141,000 after buying an additional 267 shares during the last quarter. Patten Group Inc. grew its stake in JPMorgan US Value Factor ETF by 3.2% in the 3rd quarter. Patten Group Inc. now owns 11,533 shares of the company’s stock valued at $502,000 after acquiring an additional 363 shares during the period. Comerica Bank grew its stake in JPMorgan US Value Factor ETF by 4.6% in the 1st quarter. Comerica Bank now owns 8,509 shares of the company’s stock valued at $354,000 after acquiring an additional 372 shares during the period. Spire Wealth Management grew its stake in JPMorgan US Value Factor ETF by 7.0% in the 2nd quarter. Spire Wealth Management now owns 9,287 shares of the company’s stock valued at $380,000 after acquiring an additional 608 shares during the period. Finally, Private Advisor Group LLC grew its stake in JPMorgan US Value Factor ETF by 5.3% in the 3rd quarter. Private Advisor Group LLC now owns 13,197 shares of the company’s stock valued at $575,000 after acquiring an additional 667 shares during the period.

JPMorgan US Value Factor ETF Stock Performance

JPMorgan US Value Factor ETF stock opened at $45.70 on Thursday. The company’s fifty day moving average price is $44.11 and its 200 day moving average price is $42.45. JPMorgan US Value Factor ETF has a 1 year low of $36.39 and a 1 year high of $46.02. The stock has a market capitalization of $907.15 million, a P/E ratio of 15.29 and a beta of 0.99.

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.