Good Life Advisors LLC Sells 904 Shares of JPMorgan Active Value ETF $JAVA

Good Life Advisors LLC trimmed its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 7.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,601 shares of the company’s stock after selling 904 shares during the quarter. Good Life Advisors LLC’s holdings in JPMorgan Active Value ETF were worth $760,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. grew its holdings in JPMorgan Active Value ETF by 31.3% in the first quarter. JPMorgan Chase & Co. now owns 13,430,674 shares of the company’s stock worth $853,385,000 after purchasing an additional 3,199,399 shares during the period. Dynasty Wealth Management LLC purchased a new stake in shares of JPMorgan Active Value ETF in the 1st quarter worth approximately $196,695,000. LPL Financial LLC increased its position 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. PNC Financial Services Group Inc. raised its stake in JPMorgan Active Value ETF by 1,071.1% during the first 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 during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in JPMorgan Active Value ETF by 51.0% during the first quarter. Ameriprise Financial Inc. now owns 2,162,672 shares of the company’s stock valued at $137,411,000 after buying an additional 730,436 shares during the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Trading Down 1.3%

NYSEARCA JAVA opened at $69.87 on Friday. JPMorgan Active Value ETF has a 12 month low of $55.51 and a 12 month high of $71.06. The stock’s fifty day moving average price is $68.98 and its 200-day moving average price is $66.41. The stock has a market cap of $4.34 billion, a P/E ratio of -76.78 and a beta of 0.81.

JPMorgan Active Value ETF Profile

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.