Independence Asset Advisors LLC grew its holdings in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) by 129.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,711 shares of the company’s stock after buying an additional 12,815 shares during the quarter. JPMorgan Active Value ETF accounts for 0.6% of Independence Asset Advisors LLC’s portfolio, making the stock its 11th largest position. Independence Asset Advisors LLC’s holdings in JPMorgan Active Value ETF were worth $1,630,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new position in shares of JPMorgan Active Value ETF in the 4th quarter valued at $32,000. Quadrant Capital Group LLC purchased a new stake in JPMorgan Active Value ETF during the 4th quarter worth $32,000. Wilmington Savings Fund Society FSB acquired a new stake in JPMorgan Active Value ETF in the 3rd quarter valued at $33,000. Fairway Wealth LLC acquired a new stake in JPMorgan Active Value ETF in the 4th quarter valued at $37,000. Finally, Greenline Wealth Management LLC purchased a new position in JPMorgan Active Value ETF in the fourth quarter valued at about $45,000. Institutional investors and hedge funds own 43.07% of the company’s stock.
JPMorgan Active Value ETF Price Performance
Shares of JAVA opened at $79.00 on Monday. The stock’s 50-day moving average is $77.04 and its two-hundred day moving average is $74.88. The stock has a market cap of $6.95 billion, a PE ratio of -86.81 and a beta of 0.78. JPMorgan Active Value ETF has a 12 month low of $64.40 and a 12 month high of $80.33.
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.
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