Confluence Wealth Services Inc. increased its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) by 12.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 275,957 shares of the company’s stock after acquiring an additional 29,649 shares during the quarter. Confluence Wealth Services Inc. owned about 0.31% of JPMorgan Active Value ETF worth $21,999,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of JAVA. Cornerstone Wealth Management LLC increased its stake in JPMorgan Active Value ETF by 67.8% in the third quarter. Cornerstone Wealth Management LLC now owns 37,165 shares of the company’s stock valued at $2,963,000 after purchasing an additional 15,013 shares in the last quarter. Kestra Advisory Services LLC boosted its position in shares of JPMorgan Active Value ETF by 4.2% during the third quarter. Kestra Advisory Services LLC now owns 686,505 shares of the company’s stock worth $54,728,000 after purchasing an additional 27,804 shares in the last quarter. Clear Point Advisors Inc. boosted its position in shares of JPMorgan Active Value ETF by 7.4% during the third quarter. Clear Point Advisors Inc. now owns 8,342 shares of the company’s stock worth $665,000 after purchasing an additional 575 shares in the last quarter. Verity Asset Management Inc. boosted its position in shares of JPMorgan Active Value ETF by 2.8% during the third quarter. Verity Asset Management Inc. now owns 11,047 shares of the company’s stock worth $881,000 after purchasing an additional 304 shares in the last quarter. Finally, ARQ Wealth Advisors LLC boosted its position in shares of JPMorgan Active Value ETF by 2.6% during the third quarter. ARQ Wealth Advisors LLC now owns 184,226 shares of the company’s stock worth $14,687,000 after purchasing an additional 4,611 shares in the last quarter. Institutional investors and hedge funds own 43.07% of the company’s stock.
JPMorgan Active Value ETF Stock Up 0.2%
Shares of JAVA stock opened at $84.50 on Wednesday. JPMorgan Active Value ETF has a 12-month low of $67.77 and a 12-month high of $86.02. The firm has a market capitalization of $7.60 billion, a price-to-earnings ratio of -92.86 and a beta of 0.77. The firm has a fifty day moving average of $81.99 and a 200-day moving average of $78.46.
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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