Columbia Advisory Partners LLC Takes $5.15 Million Position in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Columbia Advisory Partners LLC acquired a new stake in shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL) during the fourth quarter, Holdings Channel reports. The fund acquired 119,225 shares of the company’s stock, valued at approximately $5,151,000. JPMorgan US Value Factor ETF comprises about 4.8% of Columbia Advisory Partners LLC’s portfolio, making the stock its 6th biggest position.

Several other hedge funds also recently added to or reduced their stakes in JVAL. Confluence Wealth Services Inc. grew its holdings in shares of JPMorgan US Value Factor ETF by 0.5% during the third quarter. Confluence Wealth Services Inc. now owns 52,651 shares of the company’s stock valued at $2,294,000 after purchasing an additional 267 shares during the last quarter. Patten Group Inc. lifted its stake in JPMorgan US Value Factor ETF by 3.2% in the third quarter. Patten Group Inc. now owns 11,533 shares of the company’s stock valued at $502,000 after buying an additional 363 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of JPMorgan US Value Factor ETF by 5.3% during the third 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. Flow Traders U.S. LLC grew its position in shares of JPMorgan US Value Factor ETF by 11.8% during the third quarter. Flow Traders U.S. LLC now owns 7,988 shares of the company’s stock worth $348,000 after acquiring an additional 844 shares during the last quarter. Finally, Miracle Mile Advisors LLC grew its position in JPMorgan US Value Factor ETF by 17.9% in the 4th quarter. Miracle Mile Advisors LLC now owns 11,969 shares of the company’s stock worth $517,000 after purchasing an additional 1,817 shares during the last quarter.

JPMorgan US Value Factor ETF Price Performance

JVAL opened at $43.14 on Tuesday. The stock has a market cap of $856.33 million, a P/E ratio of 15.29 and a beta of 0.99. The stock’s 50 day moving average price is $44.40 and its 200 day moving average price is $43.06. JPMorgan US Value Factor ETF has a 12 month low of $37.56 and a 12 month high of $46.02.

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.