Renaissance Technologies LLC lowered its position in JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) by 67.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 3,600 shares of the company’s stock after selling 7,300 shares during the quarter. Renaissance Technologies LLC’s holdings in JPMorgan Active Value ETF were worth $258,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Cetera Investment Advisers lifted its holdings in JPMorgan Active Value ETF by 29.1% during the first quarter. Cetera Investment Advisers now owns 1,788,286 shares of the company’s stock valued at $128,310,000 after purchasing an additional 403,101 shares during the last quarter. CI Investments Inc. raised its position in shares of JPMorgan Active Value ETF by 27.9% in the first quarter. CI Investments Inc. now owns 547,918 shares of the company’s stock valued at $39,313,000 after purchasing an additional 119,600 shares during the period. Resolute Wealth Strategies LLC raised its position in shares of JPMorgan Active Value ETF by 5.4% in the first quarter. Resolute Wealth Strategies LLC now owns 112,106 shares of the company’s stock valued at $8,044,000 after purchasing an additional 5,746 shares during the period. Independent Financial Group LLC purchased a new stake in shares of JPMorgan Active Value ETF during the 1st quarter valued at approximately $387,000. Finally, Geneos Wealth Management Inc. lifted its stake in shares of JPMorgan Active Value ETF by 24.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 127,226 shares of the company’s stock valued at $9,128,000 after buying an additional 25,089 shares in the last quarter. 43.07% of the stock is owned by hedge funds and other institutional investors.
JPMorgan Active Value ETF Trading Up 0.6%
JAVA opened at $83.36 on Thursday. The company has a 50 day moving average of $80.79 and a 200 day moving average of $77.03. The company has a market cap of $7.14 billion, a PE ratio of -91.60 and a beta of 0.77. JPMorgan Active Value ETF has a 12 month low of $66.54 and a 12 month high of $84.06.
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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