Global Retirement Partners LLC lifted its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) by 9.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 87,835 shares of the company’s stock after acquiring an additional 7,817 shares during the period. Global Retirement Partners LLC’s holdings in JPMorgan Active Value ETF were worth $6,300,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Fortis Group Advisors LLC bought a new position in JPMorgan Active Value ETF in the 4th quarter valued at about $3,194,000. IFP Advisors Inc lifted its position in shares of JPMorgan Active Value ETF by 5.8% during the 4th quarter. IFP Advisors Inc now owns 23,623 shares of the company’s stock worth $1,694,000 after buying an additional 1,303 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of JPMorgan Active Value ETF by 0.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,035,606 shares of the company’s stock worth $74,274,000 after buying an additional 6,654 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of JPMorgan Active Value ETF by 6.1% during the 4th quarter. HighTower Advisors LLC now owns 69,240 shares of the company’s stock worth $4,966,000 after buying an additional 3,998 shares in the last quarter. Finally, Aegis Wealth Management Inc. bought a new position in shares of JPMorgan Active Value ETF during the 4th quarter worth approximately $206,000. Institutional investors own 43.07% of the company’s stock.
JPMorgan Active Value ETF Stock Up 0.2%
JPMorgan Active Value ETF stock opened at $76.26 on Friday. JPMorgan Active Value ETF has a 52 week low of $61.76 and a 52 week high of $77.22. The company’s 50 day moving average price is $73.99 and its two-hundred day moving average price is $73.39. The stock has a market cap of $6.71 billion, a P/E ratio of -83.80 and a beta of 0.79.
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.
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