Jones Financial Companies Lllp Buys 100,327 Shares of JPMorgan Active Value ETF $JAVA

Jones Financial Companies Lllp grew its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 20.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 589,581 shares of the company’s stock after buying an additional 100,327 shares during the quarter. Jones Financial Companies Lllp owned approximately 0.93% of JPMorgan Active Value ETF worth $40,422,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new position in shares of JPMorgan Active Value ETF during the 3rd quarter valued at approximately $33,000. Total Investment Management Inc. purchased a new position in JPMorgan Active Value ETF during the second quarter valued at approximately $40,000. Ameritas Advisory Services LLC purchased a new position in JPMorgan Active Value ETF during the second quarter valued at approximately $48,000. Bank of Montreal Can boosted its position in shares of JPMorgan Active Value ETF by 211.0% in the second quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $48,000 after purchasing an additional 500 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in shares of JPMorgan Active Value ETF in the third quarter worth $56,000. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

JAVA opened at $75.58 on Tuesday. JPMorgan Active Value ETF has a fifty-two week low of $55.51 and a fifty-two week high of $75.71. The firm’s fifty day moving average is $72.94 and its 200 day moving average is $69.80. The stock has a market cap of $5.68 billion, a price-to-earnings ratio of -83.05 and a beta of 0.81.

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.