JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) Short Interest Update

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 20,808 shares, an increase of 251.4% from the December 15th total of 5,921 shares. Based on an average daily trading volume, of 23,964 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 23,964 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On JPMorgan U.S. Value Factor ETF

Several hedge funds have recently added to or reduced their stakes in JVAL. Cobblestone Capital Advisors LLC NY boosted its stake in JPMorgan U.S. Value Factor ETF by 1.4% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 1,206,529 shares of the company’s stock worth $57,310,000 after acquiring an additional 16,604 shares during the last quarter. Avidian Wealth Enterprises LLC increased its position in shares of JPMorgan U.S. Value Factor ETF by 3.6% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 996,183 shares of the company’s stock valued at $47,319,000 after buying an additional 34,447 shares in the last quarter. CWM LLC raised its stake in JPMorgan U.S. Value Factor ETF by 0.5% during the 2nd quarter. CWM LLC now owns 853,589 shares of the company’s stock worth $37,754,000 after buying an additional 4,540 shares during the period. Cerity Partners LLC lifted its holdings in JPMorgan U.S. Value Factor ETF by 1.5% during the second quarter. Cerity Partners LLC now owns 551,676 shares of the company’s stock worth $24,401,000 after acquiring an additional 7,892 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in JPMorgan U.S. Value Factor ETF by 3.8% in the third quarter. Bank of America Corp DE now owns 515,612 shares of the company’s stock valued at $24,492,000 after acquiring an additional 18,734 shares during the period.

JPMorgan U.S. Value Factor ETF Stock Down 0.1%

JVAL stock traded down $0.07 during midday trading on Tuesday, reaching $50.76. The company’s stock had a trading volume of 9,994 shares, compared to its average volume of 191,820. The business’s 50-day simple moving average is $48.90 and its 200-day simple moving average is $47.31. The stock has a market cap of $616.75 million, a PE ratio of 16.37 and a beta of 1.00. JPMorgan U.S. Value Factor ETF has a 52 week low of $35.62 and a 52 week high of $50.95.

JPMorgan U.S. Value Factor ETF Company Profile

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. JVAL was launched on Nov 8, 2017 and is managed by JPMorgan Chase.