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

by · The Markets Daily

JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL – Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 82,866 shares, an increase of 94.5% from the May 14th total of 42,595 shares. Based on an average daily volume of 78,312 shares, the short-interest ratio is presently 1.1 days. Currently, 0.6% of the company’s shares are sold short.

JPMorgan U.S. Value Factor ETF Stock Performance

JVAL stock traded up $0.53 during midday trading on Friday, reaching $58.15. 21,899 shares of the company traded hands, compared to its average volume of 73,488. JPMorgan U.S. Value Factor ETF has a 52-week low of $42.87 and a 52-week high of $58.59. The business has a 50 day moving average of $54.45 and a 200-day moving average of $51.67. The firm has a market capitalization of $790.84 million, a price-to-earnings ratio of 16.37 and a beta of 0.96.

Institutional Investors Weigh In On JPMorgan U.S. Value Factor ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc raised its position in JPMorgan U.S. Value Factor ETF by 35.0% during the third quarter. IFP Advisors Inc now owns 826 shares of the company’s stock valued at $39,000 after purchasing an additional 214 shares during the period. Cary Street Partners Financial LLC raised its holdings in shares of JPMorgan U.S. Value Factor ETF by 1.0% in the fourth quarter. Cary Street Partners Financial LLC now owns 24,762 shares of the company’s stock worth $1,215,000 after buying an additional 247 shares during the period. Regal Investment Advisors LLC raised its holdings in shares of JPMorgan U.S. Value Factor ETF by 2.7% in the fourth quarter. Regal Investment Advisors LLC now owns 12,077 shares of the company’s stock worth $593,000 after buying an additional 312 shares during the period. Private Advisor Group LLC raised its holdings in shares of JPMorgan U.S. Value Factor ETF by 3.4% in the third quarter. Private Advisor Group LLC now owns 13,092 shares of the company’s stock worth $622,000 after buying an additional 433 shares during the period. Finally, MML Investors Services LLC raised its holdings in shares of JPMorgan U.S. Value Factor ETF by 9.4% in the fourth quarter. MML Investors Services LLC now owns 5,226 shares of the company’s stock worth $257,000 after buying an additional 450 shares during the period.

About JPMorgan U.S. Value Factor ETF

(Get Free Report)

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.

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