Goodman Advisory Group LLC Decreases Position in JPMorgan U.S. Value Factor ETF $JVAL

Goodman Advisory Group LLC trimmed its position in JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) by 5.6% in the first quarter, Holdings Channel.com reports. The firm owned 376,094 shares of the company’s stock after selling 22,137 shares during the period. JPMorgan U.S. Value Factor ETF comprises approximately 4.8% of Goodman Advisory Group LLC’s portfolio, making the stock its 3rd largest holding. Goodman Advisory Group LLC’s holdings in JPMorgan U.S. Value Factor ETF were worth $18,376,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JVAL. Cobblestone Capital Advisors LLC NY lifted its position 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 valued at $57,310,000 after purchasing an additional 16,604 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of JPMorgan U.S. Value Factor ETF by 29.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 104,835 shares of the company’s stock valued at $5,145,000 after purchasing an additional 23,903 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of JPMorgan U.S. Value Factor ETF by 34.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 436,091 shares of the company’s stock valued at $21,582,000 after purchasing an additional 110,666 shares during the last quarter. CWM LLC grew its position in shares of JPMorgan U.S. Value Factor ETF by 1.3% during the 4th quarter. CWM LLC now owns 797,213 shares of the company’s stock worth $39,127,000 after buying an additional 10,268 shares during the period. Finally, Avidian Wealth Enterprises LLC grew its position 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 worth $50,864,000 after buying an additional 40,175 shares during the period.

JPMorgan U.S. Value Factor ETF Price Performance

JVAL opened at $57.79 on Friday. The company has a market cap of $785.94 million, a price-to-earnings ratio of 16.37 and a beta of 0.96. The firm has a 50 day simple moving average of $55.94 and a 200 day simple moving average of $52.30. JPMorgan U.S. Value Factor ETF has a fifty-two week low of $43.76 and a fifty-two week high of $59.20.

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.