Vault-13

J P MORGAN EXCHANGE TRADED F JVAL

US VALUE FACTR · ETP · CUSIP 46641Q753

136 institutional holders -2 vs Q2 2025
9,942,6709.9m shares reported held*
$472.1mreported value*
9 new 34 added 61 reduced 7 sold out net bought ≈ $26.2m (+552.5k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($205.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.48.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 75Q4 22: 77Q1 23: 73Q2 23: 83Q3 23: 89Q4 23: 107Q1 24: 111Q2 24: 115Q3 24: 115Q4 24: 125Q1 25: 129Q2 25: 138Q3 25: 136136Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202275
Q4 202277
Q1 202373
Q2 202383
Q3 202389
Q4 2023107
Q1 2024111
Q2 2024115
Q3 2024115
Q4 2024125
Q1 2025129
Q2 2025138
Q3 2025136

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 23: 57 bought or addedQ4 23: 39 cut or sold outQ1 24: 50 bought or addedQ1 24: 59 cut or sold outQ1 24Q2 24: 48 bought or addedQ2 24: 54 cut or sold outQ3 24: 48 bought or addedQ3 24: 55 cut or sold outQ3 24Q4 24: 48 bought or addedQ4 24: 48 cut or sold outQ1 25: 53 bought or addedQ1 25: 51 cut or sold outQ1 25Q2 25: 62 bought or addedQ2 25: 57 cut or sold outQ3 25: 43 bought or addedQ3 25: 68 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20235739
Q1 20245059
Q2 20244854
Q3 20244855
Q4 20244848
Q1 20255351
Q2 20256257
Q3 20254368

Biggest buyers

JPMORGAN CHASE & CO Added +378,143+378.1k
Thrivent Financial for Lutherans New +325,425+325.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +72,802+72.8k
Avidian Wealth Enterprises, LLC Added +34,447+34.4k
BANK OF AMERICA CORP /DE/ Added +18,734+18.7k
COBBLESTONE CAPITAL ADVISORS LLC /NY/ Added +16,604+16.6k
Soltis Investment Advisors LLC New +14,568+14.6k
Arkadios Wealth Advisors New +13,848+13.8k
Regal Investment Advisors LLC New +11,765+11.8k
Composition Wealth, LLC Added +11,229+11.2k

Biggest sellers

LPL Financial LLC Reduced -111,660-111.7k
CWM, LLC Reduced -66,644-66.6k
Integrated Wealth Concepts LLC Reduced -44,900-44.9k
Cerity Partners LLC Reduced -17,551-17.6k
OSAIC HOLDINGS, INC. Reduced -14,448-14.4k
Apeiron RIA LLC Reduced -12,325-12.3k
Crossmark Global Holdings, Inc. Reduced -11,244-11.2k
Ameritas Advisory Services, LLC Sold out -10,899-10.9k
Atria Investments, Inc Reduced -10,151-10.2k
MORGAN STANLEY Reduced -9,285-9.3k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 2.75% of their portfolio ROCHESTER, NY 1,206,5291.2m $57.3m $57.3m 2.75% Added +16.6k +16,604
2 Avidian Wealth Enterprises, LLC 1.78% of their portfolio Houston, TX 996,183996.2k $47.3m $47.3m 1.78% Added +34.4k +34,447
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 882,577882.6k $41.9m $41.9m 0.01% Reduced -111.7k -111,660
4 CWM, LLC 0.11% of their portfolio OMAHA, NE 786,945786.9k $37.4m $37.4m 0.11% Reduced -66.6k -66,644
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 779,226779.2k $37.0m $37.0m 0.00% Added +378.1k +378,143
6 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 534,125534.1k $25.4m $25.4m 0.04% Reduced -17.6k -17,551
7 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 515,612515.6k $24.5m $24.5m 0.00% Added +18.7k +18,734
8 Mainsail Financial Group, LLC 7.64% of their portfolio BELLEVUE, WA 374,199374.2k $17.8m $17.8m 7.64% Added +7.9k +7,939
9 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 325,425325.4k $15.5m $15.5m 0.03% New
10 Apeiron RIA LLC 2.29% of their portfolio Dallas, TX 215,787215.8k $10.2m $10.2m 2.29% Reduced -12.3k -12,325
11 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 174,243174.2k $8.1m $8.1m 0.01% Reduced -14.4k -14,448
12 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 169,608169.6k $8.1m $8.1m 0.01% Added +1.9k +1,914
13 COLUMBIA ADVISORY PARTNERS LLC 5.41% of their portfolio SPOKANE, WA 164,747164.7k $7.8m $7.8m 5.41% Reduced -1.2k -1,207
14 Defined Financial Planning LLC 6.20% of their portfolio SAN RAFAEL, CA 155,620155.6k $7.5m $7.5m 6.20% Reduced -6.2k -6,165
15 Orion Porfolio Solutions, LLC 0.06% of their portfolio OMAHA, NE 150,022150.0k $7.1m $7.1m 0.06% Reduced -8.6k -8,643
16 Atria Investments, Inc 0.08% of their portfolio Charlotte, NC 149,408149.4k $7.1m $7.1m 0.08% Reduced -10.2k -10,151
17 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 147,375147.4k $7.0m $7.0m 0.01% Reduced -2.4k -2,423
18 Planned Solutions, Inc. 2.43% of their portfolio FOLSOM, CA 147,163147.2k $7.0m $7.0m 2.43% Reduced -5.5k -5,473
19 Kathmere Capital Management, LLC 0.47% of their portfolio WAYNE, PA 140,117140.1k $6.7m $6.7m 0.47% Reduced -2.9k -2,889
20 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 130,928130.9k $6.2m $6.2m 0.00% Reduced -7 -7
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 97,26897.3k $4.6m $4.6m 0.00% Reduced -9.3k -9,285
22 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 80,93280.9k $3.8m $3.8m 0.00% Added +4.1k +4,148
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 80,86680.9k $3.8m $3.8m 0.01% Added +72.8k +72,802
24 INTRUST BANK NA 0.28% of their portfolio WICHITA, KS 70,32970.3k $3.3m $3.3m 0.28% Reduced -2.5k -2,500
25 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 69,81769.8k $3.3m $3.3m 0.00% Reduced -2.0k -1,999
26 Confluence Wealth Services, Inc. 0.12% of their portfolio MCMURRAY, PA 51,92451.9k $2.5m $2.5m 0.12% Reduced -386 -386
27 FIRST CITIZENS BANK & TRUST CO 0.05% of their portfolio RALEIGH, NC 48,10548.1k $2.3m $2.3m 0.05% Reduced -2.6k -2,588
28 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 47,98148.0k $2.3m $2.3m 0.01% Reduced -384 -384
29 DAYMARK WEALTH PARTNERS, LLC 0.08% of their portfolio CINCINNATI, OH 47,24647.2k $2.2m $2.2m 0.08% Reduced -421 -421
30 Crossmark Global Holdings, Inc. 0.03% of their portfolio HOUSTON, TX 46,85046.9k $2.2m $2.2m 0.03% Reduced -11.2k -11,244
31 Fifth Third Securities, Inc. 0.14% of their portfolio Cincinnati, OH 43,51143.5k $2.1m $2.1m 0.14% Reduced -6.5k -6,491
32 BOYUM WEALTH ARCHITECTS LLC 1.21% of their portfolio BLOOMINGTON, MN 41,25841.3k $2.0m $2.0m 1.21% Reduced -766 -766
33 Sigma Planning Corp 0.05% of their portfolio ANN ARBOR, MI 40,46840.5k $1.9m $1.9m 0.05% Reduced -8.2k -8,191
34 Gallacher Capital Management LLC 0.71% of their portfolio LONE TREE, CO 37,85837.9k $1.8m $1.8m 0.71% Reduced -1.4k -1,400
35 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 35,03735.0k $1.7m $1.7m 0.00% Added +1.9k +1,894
36 SAGESPRING WEALTH PARTNERS, LLC 0.03% of their portfolio FRANKLIN, TN 31,46331.5k $1.5m $1.5m 0.03% Added +30 +30
37 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 31,33431.3k $1.5m $1.5m 0.01% Reduced -44.9k -44,900
38 SVB WEALTH LLC 0.08% of their portfolio BOSTON, MA 31,16531.2k $1.5m $1.5m 0.08% Reduced -2.4k -2,405
39 5T Wealth, LLC 0.64% of their portfolio Napa, CA 31,11231.1k $1.5m $1.5m 0.64% Added +5.5k +5,496
40 Jaffetilchin Investment Partners, LLC 0.08% of their portfolio TAMPA, FL 28,23728.2k $1.3m $1.3m 0.08% Added +58 +58
41 THOROUGHBRED FINANCIAL SERVICES, LLC 0.08% of their portfolio BRENTWOOD, TN 26,67426.7k $1.3m $1.3m 0.08% Reduced -1.2k -1,168
42 Cobblestone Asset Management LLC 0.55% of their portfolio RICHMOND, VA 25,23225.2k $1.2m $1.2m 0.55% Added +611 +611
43 CARY STREET PARTNERS FINANCIAL LLC 0.03% of their portfolio RICHMOND, VA 24,51524.5k $1.2m $1.2m 0.03% Reduced -505 -505
44 Cresset Asset Management, LLC 0.01% of their portfolio Chicago, IL 24,40524.4k $1.2m $1.2m 0.01% Unchanged
45 HUB Investment Partners, LLC 0.04% of their portfolio AUSTIN, TX 22,24522.2k $1.1m $1.1m 0.04% Reduced -1.0k -1,033
46 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 21,50121.5k $1.0m $1.0m 0.00% Reduced -1.5k -1,495
47 B. Riley Wealth Advisors, Inc. 0.05% of their portfolio MEMPHIS, TN 21,33421.3k $1.0m $1.0m 0.05% Added +2.2k +2,187
48 Gateway Wealth Partners, LLC 0.14% of their portfolio APPLETON, WI 21,19421.2k $1.0m $1.0m 0.14% Reduced -1.4k -1,433
49 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 21,13921.1k $1.0m $1.0m 0.00% Added +1.5k +1,488
50 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 20,53120.5k $975.2k $975.2k 0.00% Unchanged
51 L & S Advisors Inc 0.09% of their portfolio Los Angeles, CA 20,17120.2k $958.1k $958.1k 0.09% Added +1.8k +1,822
52 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 19,35019.4k $919.1k $919.1k 0.01% Reduced -1.0k -1,000
53 Blue Trust, Inc. 0.01% of their portfolio BRENTWOOD, TN 19,25419.3k $914.6k $914.6k 0.01% Added +948 +948
54 Composition Wealth, LLC 0.01% of their portfolio LOS ANGELES, CA 19,22519.2k $913.2k $913.2k 0.01% Added +11.2k +11,229
55 MN Wealth Advisors, LLC 0.49% of their portfolio OVERLAND PARK, KS 19,18819.2k $911.4k $911.4k 0.49% Reduced -704 -704
56 Ashton Thomas Private Wealth, LLC 0.02% of their portfolio SCOTTSDALE, AZ 18,66118.7k $886.4k $886.4k 0.02% Added +4.3k +4,286
57 SCS Capital Management LLC 0.01% of their portfolio BOSTON, MA 17,72117.7k $841.8k $841.8k 0.01% Unchanged
58 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 17,48917.5k $830.7k $830.7k 0.00% Reduced -977 -977
59 Retirement Planning Group, LLC 0.03% of their portfolio LEAWOOD, KS 16,77316.8k $796.7k $796.7k 0.03% Reduced -3.2k -3,159
60 GTS SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 15,35615.4k $729.4k $729.4k 0.03% Reduced -837 -837
61 Mariner, LLC 0.00% of their portfolio Overland Park, KS 15,22115.2k $723.0k $723.0k 0.00% Reduced -526 -526
62 Soltis Investment Advisors LLC 0.05% of their portfolio ST. GEORGE, UT 14,56814.6k $692.0k $692.0k 0.05% New
63 Addison Advisors LLC 0.16% of their portfolio MIDDLEBURY, VT 14,41514.4k $684.7k $684.7k 0.16% Reduced -4.2k -4,175
64 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 14,18314.2k $673.7k $673.7k 0.00% Reduced -4.7k -4,737
65 Arkadios Wealth Advisors 0.02% of their portfolio ATLANTA, GA 13,84813.8k $657.8k $657.8k 0.02% New
66 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 13,83213.8k $657.0k $657.0k 0.00% Reduced -1.4k -1,448
67 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 13,09213.1k $621.9k $621.9k 0.00% Added +433 +433
68 Patten Group, Inc. 0.11% of their portfolio CHATTANOOGA, TN 12,00912.0k $570.4k $570.4k 0.11% Reduced -109 -109
69 Regal Investment Advisors LLC 0.04% of their portfolio KENTWOOD, MI 11,76511.8k $558.8k $558.8k 0.04% New
70 MBL Wealth, LLC 0.05% of their portfolio CHARLOTTE, NC 11,00011.0k $522.5k $522.5k 0.05% Reduced -1.0k -1,000
71 Howard Capital Management, LLC 0.01% of their portfolio Alpharetta, GA 10,76310.8k $511.2k $511.2k 0.01% Unchanged
72 Northwest Financial Advisors 0.61% of their portfolio HERNDON, VA 10,02910.0k $476.4k $476.4k 0.61% Added +2.0k +2,039
73 Acropolis Investment Management, LLC 0.02% of their portfolio ST. LOUIS, MO 9,8859.9k $437.2k $437.2k 0.02% Added +235 +235
74 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 8,8458.8k $420.1k $420.1k 0.00% Added +1.6k +1,611
75 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 8,7558.8k $415.9k $415.9k 0.00% Reduced -24 -24
76 Alesco Advisors, LLC, An ESL Co 0.01% of their portfolio Pittsford, NY 8,5708.6k $407.1k $407.1k 0.01% Reduced -405 -405
77 Barnes Wealth Management Group, Inc 0.21% of their portfolio Bakersfield, CA 8,1188.1k $385.6k $385.6k 0.21% Reduced -38 -38
78 CHILTON INVESTMENT CO INC. 0.01% of their portfolio STAMFORD, CT 7,9838.0k $379.2k $379.2k 0.01% Unchanged
79 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 7,9798.0k $379.0k $379.0k 0.00% Reduced -905 -905
80 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 7,8327.8k $372.0k $372.0k 0.01% Added +570 +570
81 COMERICA BANK 0.00% of their portfolio DALLAS, TX 7,3837.4k $350.7k $350.7k 0.00% Unchanged
82 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 7,0927.1k $337.0k $337.0k 0.00% Unchanged
83 American Trust 0.03% of their portfolio LEXINGTON, KY 6,5776.6k $312.4k $312.4k 0.03% Added +89 +89
84 Triad Wealth Partners, LLC 0.04% of their portfolio LAWRENCE, KS 6,4426.4k $306.0k $306.0k 0.04% Reduced -5 -5
85 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 6,4166.4k $304.8k $304.8k 0.01% Reduced -1.1k -1,146
86 RWA WEALTH PARTNERS, LLC 0.00% of their portfolio BOSTON, MA 6,3816.4k $303.1k $303.1k 0.00% Reduced -2.1k -2,141
87 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 6,1516.2k $292.0k $292.0k 0.00% Reduced -7.1k -7,111
88 Burk Holdings LLC 0.15% of their portfolio TULSA, OK 5,9566.0k $282.9k $282.9k 0.15% Unchanged
89 Auxano Advisors, LLC 0.06% of their portfolio BELLEVUE, WA 5,6355.6k $267.7k $267.7k 0.06% Added +514 +514
90 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 5,6305.6k $267.4k $267.4k 0.00% Unchanged
91 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 5,3405.3k $253.7k $253.7k 0.00% Reduced -9 -9
92 NWF Advisory Services Inc. 0.03% of their portfolio Los Angeles, CA 5,1775.2k $245.9k $245.9k 0.03% Unchanged
93 Goodwin Investment Advisory 0.25% of their portfolio WOODSTOCK, GA 4,9855.0k $236.8k $236.8k 0.25% Unchanged
94 3Chopt Investment Partners, LLC 0.05% of their portfolio RICHMOND, VA 4,9755.0k $236.3k $236.3k 0.05% Added +14 +14
95 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 4,9745.0k $236.3k $236.3k 0.00% Unchanged
96 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 4,9665.0k $235.9k $235.9k 0.01% Unchanged
97 Modera Wealth Management, LLC 0.00% of their portfolio WESTWOOD, NJ 4,8674.9k $231.2k $231.2k 0.00% Unchanged
98 Accredited Investors Inc. 0.01% of their portfolio EDINA, MN 4,8004.8k $228.0k $228.0k 0.01% Unchanged
99 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 4,7764.8k $226.9k $226.9k 0.00% Reduced -422 -422
100 Park Edge Advisors, LLC 0.05% of their portfolio Cleveland, OH 4,7504.8k $225.6k $225.6k 0.05% Unchanged