LPL Financial LLC increased its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) by 9.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 6,262,663 shares of the company’s stock after acquiring an additional 531,461 shares during the quarter. LPL Financial LLC owned about 0.08% of JPMorgan Active Value ETF worth $449,158,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new position in shares of JPMorgan Active Value ETF during the fourth quarter worth $32,000. Wilmington Savings Fund Society FSB acquired a new position in shares of JPMorgan Active Value ETF during the third quarter worth $33,000. Fairway Wealth LLC acquired a new position in shares of JPMorgan Active Value ETF during the fourth quarter worth $37,000. Richards Merrill & Peterson Inc. acquired a new position in shares of JPMorgan Active Value ETF during the fourth quarter worth $73,000. Finally, Cary Street Partners Financial LLC grew its stake in shares of JPMorgan Active Value ETF by 13.3% during the second quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock worth $119,000 after purchasing an additional 212 shares in the last quarter. Institutional investors and hedge funds own 43.07% of the company’s stock.
JPMorgan Active Value ETF Trading Up 0.1%
Shares of JAVA stock opened at $77.23 on Tuesday. The firm has a fifty day moving average price of $75.35 and a 200 day moving average price of $74.05. The company has a market cap of $6.80 billion, a P/E ratio of -84.87 and a beta of 0.78. JPMorgan Active Value ETF has a 12 month low of $63.67 and a 12 month high of $78.52.
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.
See Also
- Five stocks we like better than JPMorgan Active Value ETF
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
Want to see what other hedge funds are holding JAVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report).
Receive News & Ratings for JPMorgan Active Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Active Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
