M.E. Allison & CO. Inc. Decreases Position in JPMorgan Active Value ETF $JAVA

M.E. Allison & CO. Inc. trimmed its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 1.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,365 shares of the company’s stock after selling 151 shares during the quarter. M.E. Allison & CO. Inc.’s holdings in JPMorgan Active Value ETF were worth $679,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of JAVA. Farther Finance Advisors LLC boosted its position in JPMorgan Active Value ETF by 31.7% during the first quarter. Farther Finance Advisors LLC now owns 10,843 shares of the company’s stock worth $688,000 after purchasing an additional 2,613 shares in the last quarter. Krilogy Financial LLC boosted its position in JPMorgan Active Value ETF by 7.4% during the first quarter. Krilogy Financial LLC now owns 11,494 shares of the company’s stock worth $730,000 after purchasing an additional 792 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in JPMorgan Active Value ETF by 1.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 29,068 shares of the company’s stock worth $1,847,000 after purchasing an additional 509 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in JPMorgan Active Value ETF by 4.6% during the first quarter. Exchange Traded Concepts LLC now owns 96,354 shares of the company’s stock worth $6,122,000 after purchasing an additional 4,242 shares in the last quarter. Finally, Fairvoy Private Wealth LLC purchased a new stake in JPMorgan Active Value ETF during the first quarter worth $655,000. 43.07% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Stock Performance

JAVA opened at $67.15 on Monday. JPMorgan Active Value ETF has a one year low of $55.51 and a one year high of $69.83. The company has a market cap of $4.09 billion, a price-to-earnings ratio of -73.79 and a beta of 0.80. The business’s fifty day moving average is $67.77 and its two-hundred day moving average is $64.91.

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.