Cobblestone Asset Management LLC Grows Stock Holdings in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Cobblestone Asset Management LLC increased its stake in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 30.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,637 shares of the company’s stock after purchasing an additional 2,251 shares during the quarter. Cobblestone Asset Management LLC’s holdings in JPMorgan US Value Factor ETF were worth $394,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. lifted its stake in JPMorgan US Value Factor ETF by 19.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,870,542 shares of the company’s stock worth $265,066,000 after purchasing an additional 1,113,094 shares in the last quarter. SVB Wealth LLC increased its holdings in shares of JPMorgan US Value Factor ETF by 1,392.4% in the fourth quarter. SVB Wealth LLC now owns 238,671 shares of the company’s stock worth $9,208,000 after buying an additional 222,679 shares during the period. Massmutual Trust Co. FSB ADV bought a new stake in shares of JPMorgan US Value Factor ETF in the 1st quarter valued at about $41,000. Avaii Wealth Management LLC bought a new stake in shares of JPMorgan US Value Factor ETF in the 4th quarter valued at about $210,000. Finally, Stratos Wealth Partners LTD. boosted its holdings in JPMorgan US Value Factor ETF by 4.3% during the 4th quarter. Stratos Wealth Partners LTD. now owns 7,912 shares of the company’s stock valued at $305,000 after acquiring an additional 329 shares during the period.

JPMorgan US Value Factor ETF Price Performance

JPMorgan US Value Factor ETF stock traded up $0.70 during trading hours on Thursday, reaching $41.85. The company had a trading volume of 45,732 shares, compared to its average volume of 125,364. JPMorgan US Value Factor ETF has a 12-month low of $32.76 and a 12-month high of $42.96. The company has a 50-day moving average price of $41.20 and a 200 day moving average price of $40.56. The firm has a market cap of $830.72 million, a price-to-earnings ratio of 15.29 and a beta of 0.99.

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.