14,490 Shares in JPMorgan Active Value ETF $JAVA Bought by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. purchased a new stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 14,490 shares of the company’s stock, valued at approximately $1,155,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC acquired a new stake in shares of JPMorgan Active Value ETF during the 2nd quarter worth approximately $115,836,000. Bank of America Corp DE lifted its position in shares of JPMorgan Active Value ETF by 117.0% during the 1st quarter. Bank of America Corp DE now owns 1,771,693 shares of the company’s stock valued at $127,119,000 after acquiring an additional 955,074 shares during the period. Royal Bank of Canada lifted its position in shares of JPMorgan Active Value ETF by 83.6% during the 1st quarter. Royal Bank of Canada now owns 1,200,108 shares of the company’s stock valued at $86,107,000 after acquiring an additional 546,593 shares during the period. WNY Asset Management LLC acquired a new position in shares of JPMorgan Active Value ETF during the 1st quarter valued at $32,592,000. Finally, Cetera Investment Advisers lifted its position in shares of JPMorgan Active Value ETF by 29.1% during the 1st quarter. Cetera Investment Advisers now owns 1,788,286 shares of the company’s stock valued at $128,310,000 after acquiring an additional 403,101 shares during the period. 43.07% of the stock is owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Stock Up 0.2%

Shares of NYSEARCA JAVA opened at $84.70 on Thursday. The firm has a market cap of $7.62 billion, a PE ratio of -93.08 and a beta of 0.77. JPMorgan Active Value ETF has a 12-month low of $67.77 and a 12-month high of $86.02. The company’s fifty day simple moving average is $82.04 and its 200 day simple moving average is $78.51.

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.