3Chopt Investment Partners LLC Invests $219,000 in JPMorgan U.S. Value Factor ETF $JVAL

3Chopt Investment Partners LLC bought a new position in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,961 shares of the company’s stock, valued at approximately $219,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Cobblestone Capital Advisors LLC NY lifted its holdings in shares of JPMorgan U.S. Value Factor ETF by 0.4% in the first quarter. Cobblestone Capital Advisors LLC NY now owns 1,196,798 shares of the company’s stock worth $49,571,000 after acquiring an additional 5,222 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of JPMorgan U.S. Value Factor ETF by 17.7% in the first quarter. LPL Financial LLC now owns 980,313 shares of the company’s stock worth $40,605,000 after acquiring an additional 147,494 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of JPMorgan U.S. Value Factor ETF by 0.5% in the first quarter. Cerity Partners LLC now owns 543,784 shares of the company’s stock worth $22,524,000 after acquiring an additional 2,757 shares during the last quarter. Avidian Wealth Enterprises LLC increased its stake in shares of JPMorgan U.S. Value Factor ETF by 44.5% in the first quarter. Avidian Wealth Enterprises LLC now owns 529,993 shares of the company’s stock valued at $21,952,000 after buying an additional 163,322 shares during the period. Finally, Federation des caisses Desjardins du Quebec increased its stake in shares of JPMorgan U.S. Value Factor ETF by 1.7% in the first quarter. Federation des caisses Desjardins du Quebec now owns 522,173 shares of the company’s stock valued at $21,628,000 after buying an additional 8,767 shares during the period.

JPMorgan U.S. Value Factor ETF Price Performance

JPMorgan U.S. Value Factor ETF stock opened at $46.21 on Friday. The business has a 50 day moving average of $46.69 and a 200-day moving average of $43.73. JPMorgan U.S. Value Factor ETF has a 1 year low of $35.62 and a 1 year high of $48.42. The company has a market capitalization of $538.35 million, a P/E ratio of 16.37 and a beta of 1.05.

About JPMorgan U.S. 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.