Sugar Maple Asset Management LLC Sells 7,903 Shares of JPMorgan Active Value ETF $JAVA

Sugar Maple Asset Management LLC reduced its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 30.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,454 shares of the company’s stock after selling 7,903 shares during the quarter. JPMorgan Active Value ETF accounts for about 0.9% of Sugar Maple Asset Management LLC’s holdings, making the stock its 27th largest holding. Sugar Maple Asset Management LLC’s holdings in JPMorgan Active Value ETF were worth $1,273,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Gill Capital Partners LLC grew its stake in shares of JPMorgan Active Value ETF by 13.8% during the third quarter. Gill Capital Partners LLC now owns 147,320 shares of the company’s stock valued at $10,159,000 after buying an additional 17,813 shares during the last quarter. Perigon Wealth Management LLC lifted its stake in shares of JPMorgan Active Value ETF by 29.8% in the 3rd quarter. Perigon Wealth Management LLC now owns 77,872 shares of the company’s stock valued at $5,370,000 after acquiring an additional 17,861 shares during the last quarter. Ascent Group LLC boosted its holdings in JPMorgan Active Value ETF by 122.6% during the 3rd quarter. Ascent Group LLC now owns 47,740 shares of the company’s stock valued at $3,292,000 after acquiring an additional 26,290 shares during the period. Americana Partners LLC grew its position in JPMorgan Active Value ETF by 1.6% during the 3rd quarter. Americana Partners LLC now owns 546,561 shares of the company’s stock worth $37,691,000 after acquiring an additional 8,718 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in JPMorgan Active Value ETF by 5.9% in the 2nd quarter. Cetera Investment Advisers now owns 1,192,349 shares of the company’s stock worth $78,099,000 after purchasing an additional 66,558 shares during the period. 43.07% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Stock Performance

Shares of JAVA stock opened at $73.52 on Wednesday. The company has a market capitalization of $5.42 billion, a P/E ratio of -80.79 and a beta of 0.81. JPMorgan Active Value ETF has a fifty-two week low of $55.51 and a fifty-two week high of $75.02. The stock has a 50 day moving average price of $71.87 and a two-hundred day moving average price of $69.24.

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.