Axxcess Wealth Management LLC Purchases Shares of 4,332 JPMorgan Active Value ETF $JAVA

Axxcess Wealth Management LLC purchased a new stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 4,332 shares of the company’s stock, valued at approximately $284,000.

Several other institutional investors have also added to or reduced their stakes in JAVA. JPMorgan Chase & Co. grew its holdings in 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 valued at $853,385,000 after buying an additional 3,199,399 shares in the last quarter. Dynasty Wealth Management LLC purchased a new position in JPMorgan Active Value ETF during the 1st quarter valued at approximately $196,695,000. LPL Financial LLC grew its holdings in JPMorgan Active Value ETF by 37.0% during the 1st quarter. LPL Financial LLC now owns 3,877,878 shares of the company’s stock valued at $246,400,000 after buying an additional 1,046,448 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in JPMorgan Active Value ETF by 465.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,189,600 shares of the company’s stock valued at $75,587,000 after buying an additional 979,103 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in JPMorgan Active Value ETF by 1,071.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,032,555 shares of the company’s stock valued at $65,609,000 after buying an additional 944,384 shares in the last quarter. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

NYSEARCA:JAVA opened at $68.54 on Friday. The firm has a market capitalization of $4.26 billion, a price-to-earnings ratio of -75.32 and a beta of 0.80. JPMorgan Active Value ETF has a 1 year low of $55.51 and a 1 year high of $69.83. The business has a 50 day simple moving average of $68.09 and a 200-day simple moving average of $65.07.

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.