Global Retirement Partners LLC Takes $4.33 Million Position in JPMorgan Active Value ETF $JAVA

Global Retirement Partners LLC purchased a new stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 66,093 shares of the company’s stock, valued at approximately $4,329,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. NorthRock Partners LLC purchased a new stake in JPMorgan Active Value ETF in the 1st quarter valued at about $46,000. Ameritas Advisory Services LLC purchased a new stake in shares of JPMorgan Active Value ETF during the second quarter valued at approximately $48,000. Bank of Montreal Can increased its position in shares of JPMorgan Active Value ETF by 211.0% during the second quarter. Bank of Montreal Can now owns 737 shares of the company’s stock valued at $48,000 after acquiring an additional 500 shares during the last quarter. N.E.W. Advisory Services LLC bought a new stake in JPMorgan Active Value ETF during the first quarter worth $51,000. Finally, Pinnacle Bancorp Inc. boosted its position in JPMorgan Active Value ETF by 119.0% in the second quarter. Pinnacle Bancorp Inc. now owns 1,288 shares of the company’s stock worth $84,000 after purchasing an additional 700 shares during the last quarter. 43.07% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Price Performance

Shares of JPMorgan Active Value ETF stock opened at $69.39 on Tuesday. The firm has a market cap of $4.31 billion, a PE ratio of -76.25 and a beta of 0.81. JPMorgan Active Value ETF has a 1 year low of $55.51 and a 1 year high of $71.06. The stock has a fifty day moving average price of $69.04 and a 200-day moving average price of $66.81.

JPMorgan Active Value ETF Company 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.