Harbour Investments Inc. Raises Stock Holdings in JPMorgan Active Value ETF $JAVA

Harbour Investments Inc. boosted its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 4.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 65,427 shares of the company’s stock after purchasing an additional 2,651 shares during the quarter. Harbour Investments Inc. owned approximately 0.11% of JPMorgan Active Value ETF worth $4,285,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Active Value ETF by 31.3% during the 1st quarter. JPMorgan Chase & Co. now owns 13,430,674 shares of the company’s stock worth $853,385,000 after acquiring an additional 3,199,399 shares in the last quarter. LPL Financial LLC grew its holdings in JPMorgan Active Value ETF by 37.0% in the first quarter. LPL Financial LLC now owns 3,877,878 shares of the company’s stock worth $246,400,000 after purchasing an additional 1,046,448 shares during the last quarter. Dynasty Wealth Management LLC acquired a new position in shares of JPMorgan Active Value ETF during the first quarter worth $196,695,000. Sagespring Wealth Partners LLC lifted its holdings in shares of JPMorgan Active Value ETF by 9.5% during the 2nd quarter. Sagespring Wealth Partners LLC now owns 3,069,729 shares of the company’s stock valued at $201,067,000 after purchasing an additional 265,790 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of JPMorgan Active Value ETF by 51.0% in the 1st quarter. Ameriprise Financial Inc. now owns 2,162,672 shares of the company’s stock worth $137,411,000 after purchasing an additional 730,436 shares in the last quarter. 43.07% of the stock is currently owned by institutional investors.

JPMorgan Active Value ETF Price Performance

Shares of JAVA stock opened at $68.82 on Thursday. The stock’s fifty day moving average price is $67.97 and its 200 day moving average price is $65.00. JPMorgan Active Value ETF has a 1-year low of $55.51 and a 1-year high of $69.83. The company has a market cap of $4.19 billion, a price-to-earnings ratio of -75.63 and a beta of 0.80.

About JPMorgan Active Value ETF

The JPMorgan Active Value ETF (JAVA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of US large-cap value stocks selected based on proprietary fundamental analysis. JAVA was launched on Oct 4, 2021 and is managed by JPMorgan Chase.