Kestra Advisory Services LLC raised its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) by 3.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 616,428 shares of the company’s stock after purchasing an additional 20,932 shares during the quarter. Kestra Advisory Services LLC owned about 0.73% of JPMorgan Active Value ETF worth $44,229,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC acquired a new stake in shares of JPMorgan Active Value ETF during the fourth quarter worth $32,000. Quadrant Capital Group LLC acquired a new position in shares of JPMorgan Active Value ETF in the 4th quarter valued at $32,000. Wilmington Savings Fund Society FSB acquired a new position in shares of JPMorgan Active Value ETF in the 3rd quarter valued at $33,000. Fairway Wealth LLC purchased a new position in JPMorgan Active Value ETF in the 4th quarter worth $37,000. Finally, Greenline Wealth Management LLC purchased a new position in JPMorgan Active Value ETF in the 4th quarter worth $45,000. Hedge funds and other institutional investors own 43.07% of the company’s stock.
JPMorgan Active Value ETF Stock Performance
Shares of JAVA opened at $80.08 on Friday. The stock has a 50-day moving average of $77.88 and a two-hundred day moving average of $75.40. JPMorgan Active Value ETF has a one year low of $64.40 and a one year high of $81.00. The stock has a market cap of $6.75 billion, a P/E ratio of -88.00 and a beta of 0.78.
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.
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