31,220 Shares in JPMorgan Active Value ETF $JAVA Acquired by Hopwood Nicholas Hunter

Hopwood Nicholas Hunter purchased a new stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) in the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 31,220 shares of the company’s stock, valued at approximately $2,479,000.

A number of other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in shares of JPMorgan Active Value ETF in the 4th quarter valued at $32,000. Quadrant Capital Group LLC bought a new stake in JPMorgan Active Value ETF during the fourth quarter valued at $32,000. Wilmington Savings Fund Society FSB bought a new stake in shares of JPMorgan Active Value ETF during the 3rd quarter valued at about $33,000. Greenline Wealth Management LLC bought a new position in shares of JPMorgan Active Value ETF during the 4th quarter worth approximately $45,000. Finally, Cary Street Partners Financial LLC grew its holdings in JPMorgan Active Value ETF by 13.3% in the second quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock worth $119,000 after purchasing an additional 212 shares during the period. 43.07% of the stock is owned by institutional investors.

JPMorgan Active Value ETF Stock Down 0.6%

NYSEARCA JAVA opened at $82.84 on Friday. The business has a 50 day moving average price of $81.70 and a 200-day moving average price of $77.60. JPMorgan Active Value ETF has a 52 week low of $67.14 and a 52 week high of $84.06. The company has a market cap of $7.09 billion, a price-to-earnings ratio of -91.03 and a beta of 0.77.

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.