Rehmann Capital Advisory Group Takes $722,000 Position in JPMorgan Active Value ETF $JAVA

Rehmann Capital Advisory Group acquired a new stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 10,066 shares of the company’s stock, valued at approximately $722,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JAVA. International Assets Investment Management LLC bought a new stake in JPMorgan Active Value ETF in the 4th quarter worth approximately $32,000. Quadrant Capital Group LLC bought a new position in shares of JPMorgan Active Value ETF in the fourth quarter worth about $32,000. Wilmington Savings Fund Society FSB purchased a new position in shares of JPMorgan Active Value ETF during the 3rd quarter valued at about $33,000. Fairway Wealth LLC bought a new position in shares of JPMorgan Active Value ETF during the 4th quarter valued at approximately $37,000. Finally, Greenline Wealth Management LLC bought a new position in shares of JPMorgan Active Value ETF during the 4th quarter valued at approximately $45,000. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

JPMorgan Active Value ETF stock opened at $79.40 on Monday. JPMorgan Active Value ETF has a 12-month low of $63.74 and a 12-month high of $80.33. The firm has a market capitalization of $6.99 billion, a price-to-earnings ratio of -87.25 and a beta of 0.78. The firm has a 50 day moving average of $76.57 and a 200 day moving average of $74.61.

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.