Mainsail Financial Group LLC Buys 9,586 Shares of JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Mainsail Financial Group LLC boosted its stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 3.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 305,179 shares of the company’s stock after acquiring an additional 9,586 shares during the period. JPMorgan US Value Factor ETF accounts for 7.6% of Mainsail Financial Group LLC’s investment portfolio, making the stock its 3rd largest holding. Mainsail Financial Group LLC’s holdings in JPMorgan US Value Factor ETF were worth $13,184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Park Edge Advisors LLC acquired a new position in JPMorgan US Value Factor ETF during the 3rd quarter worth approximately $207,000. Modera Wealth Management LLC bought a new stake in shares of JPMorgan US Value Factor ETF during the third quarter valued at approximately $212,000. Spire Wealth Management raised its position in shares of JPMorgan US Value Factor ETF by 11.6% during the fourth quarter. Spire Wealth Management now owns 5,765 shares of the company’s stock worth $249,000 after purchasing an additional 597 shares during the period. Acropolis Investment Management LLC bought a new position in shares of JPMorgan US Value Factor ETF in the 4th quarter worth $253,000. Finally, Captrust Financial Advisors lifted its holdings in shares of JPMorgan US Value Factor ETF by 38.6% in the 3rd quarter. Captrust Financial Advisors now owns 6,896 shares of the company’s stock worth $300,000 after purchasing an additional 1,922 shares in the last quarter.

JPMorgan US Value Factor ETF Trading Down 1.0 %

Shares of JVAL stock opened at $44.39 on Friday. The firm has a fifty day simple moving average of $44.34 and a two-hundred day simple moving average of $43.48. JPMorgan US Value Factor ETF has a 12 month low of $38.49 and a 12 month high of $46.02. The firm has a market capitalization of $881.14 million, a PE 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.