JPMorgan Active Value ETF $JAVA Shares Bought by Western Wealth Management LLC

Western Wealth Management LLC grew its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 26.6% during the first quarter, HoldingsChannel.com reports. The fund owned 61,050 shares of the company’s stock after purchasing an additional 12,845 shares during the quarter. Western Wealth Management LLC’s holdings in JPMorgan Active Value ETF were worth $4,380,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in JPMorgan Active Value ETF by 27.8% in the fourth quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock valued at $1,463,175,000 after purchasing an additional 4,437,690 shares during the period. LPL Financial LLC boosted its position in shares of JPMorgan Active Value ETF by 9.3% in the fourth quarter. LPL Financial LLC now owns 6,262,663 shares of the company’s stock worth $449,158,000 after buying an additional 531,461 shares during the period. Dynasty Wealth Management LLC grew its stake in shares of JPMorgan Active Value ETF by 27.0% in the fourth quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock valued at $342,568,000 after buying an additional 1,014,584 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of JPMorgan Active Value ETF by 3.3% in the third quarter. Ameriprise Financial Inc. now owns 2,531,360 shares of the company’s stock valued at $174,520,000 after buying an additional 81,880 shares in the last quarter. Finally, Morgan Stanley grew its stake in shares of JPMorgan Active Value ETF by 9.9% in the fourth quarter. Morgan Stanley now owns 1,793,105 shares of the company’s stock valued at $128,602,000 after buying an additional 161,648 shares in the last quarter. 43.07% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Stock Performance

Shares of NYSEARCA:JAVA opened at $80.86 on Friday. The business’s 50-day simple moving average is $79.16 and its 200 day simple moving average is $76.19. The company has a market cap of $6.95 billion, a P/E ratio of -88.86 and a beta of 0.78. JPMorgan Active Value ETF has a one year low of $64.40 and a one year high of $81.42.

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.