JPMorgan US Value Factor ETF (NYSEARCA:JVAL) Sees Unusually-High Trading Volume – Here’s Why

JPMorgan US Value Factor ETF (NYSEARCA:JVAL) saw unusually-high trading volume on Thursday . Approximately 366,038 shares were traded during trading, an increase of 439% from the previous session’s volume of 67,886 shares.The stock last traded at $42.29 and had previously closed at $42.29.

JPMorgan US Value Factor ETF Stock Performance

The company has a 50 day simple moving average of $43.89 and a two-hundred day simple moving average of $43.82. The company has a market cap of $699.34 million, a PE ratio of 17.90 and a beta of 1.06.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Thrivent Financial for Lutherans lifted its stake in shares of JPMorgan US Value Factor ETF by 1.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 213,744 shares of the company’s stock valued at $9,313,000 after purchasing an additional 2,032 shares during the last quarter. Captrust Financial Advisors lifted its stake 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 valued at $300,000 after purchasing an additional 1,922 shares during the last quarter. Flow Traders U.S. LLC lifted its stake in shares of JPMorgan US Value Factor ETF by 11.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 7,988 shares of the company’s stock valued at $348,000 after purchasing an additional 844 shares during the last quarter. Cobblestone Capital Advisors LLC NY lifted its stake in shares of JPMorgan US Value Factor ETF by 0.7% in the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 1,175,149 shares of the company’s stock valued at $51,201,000 after purchasing an additional 7,915 shares during the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in shares of JPMorgan US Value Factor ETF in the 3rd quarter valued at $2,351,000.

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.