Thrivent Financial for Lutherans Buys 110,666 Shares of JPMorgan U.S. Value Factor ETF $JVAL

Thrivent Financial for Lutherans grew its stake in shares of JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 34.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 436,091 shares of the company’s stock after acquiring an additional 110,666 shares during the period. Thrivent Financial for Lutherans’ holdings in JPMorgan U.S. Value Factor ETF were worth $21,582,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Gallacher Capital Management LLC lifted its stake in shares of JPMorgan U.S. Value Factor ETF by 4.2% during the 4th quarter. Gallacher Capital Management LLC now owns 39,454 shares of the company’s stock valued at $1,936,000 after buying an additional 1,596 shares in the last quarter. Truist Financial Corp lifted its stake in shares of JPMorgan U.S. Value Factor ETF by 22.6% during the 4th quarter. Truist Financial Corp now owns 10,731 shares of the company’s stock valued at $527,000 after buying an additional 1,976 shares in the last quarter. Avidian Wealth Enterprises LLC lifted its stake in shares of JPMorgan U.S. Value Factor ETF by 4.0% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 1,036,358 shares of the company’s stock valued at $50,864,000 after buying an additional 40,175 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its stake in shares of JPMorgan U.S. Value Factor ETF by 59.5% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 29,773 shares of the company’s stock valued at $1,461,000 after buying an additional 11,112 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in shares of JPMorgan U.S. Value Factor ETF by 27.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,599 shares of the company’s stock valued at $128,000 after buying an additional 552 shares in the last quarter.

JPMorgan U.S. Value Factor ETF Stock Performance

Shares of JVAL stock opened at $54.55 on Monday. The stock has a market capitalization of $741.88 million, a P/E ratio of 16.37 and a beta of 0.95. The firm’s 50 day moving average is $51.40 and its 200 day moving average is $50.38. JPMorgan U.S. Value Factor ETF has a 12 month low of $41.31 and a 12 month high of $55.60.

JPMorgan U.S. Value Factor ETF 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.