Triad Wealth Partners LLC Takes Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Triad Wealth Partners LLC acquired a new position in JPMorgan Active Value ETF (NYSEARCA:JAVA) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 8,466 shares of the company’s stock, valued at approximately $536,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JAVA. LPL Financial LLC lifted its position in shares of JPMorgan Active Value ETF by 2.8% in the 3rd quarter. LPL Financial LLC now owns 2,594,688 shares of the company’s stock worth $166,242,000 after purchasing an additional 71,887 shares during the period. Janney Montgomery Scott LLC boosted its position in JPMorgan Active Value ETF by 20.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,426,359 shares of the company’s stock valued at $90,289,000 after acquiring an additional 246,794 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Active Value ETF by 63.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,466 shares of the company’s stock valued at $88,447,000 after acquiring an additional 534,561 shares during the period. Avior Wealth Management LLC raised its position in shares of JPMorgan Active Value ETF by 8.2% in the 3rd quarter. Avior Wealth Management LLC now owns 966,128 shares of the company’s stock worth $61,887,000 after acquiring an additional 73,455 shares in the last quarter. Finally, Steph & Co. lifted its stake in shares of JPMorgan Active Value ETF by 7.7% during the 4th quarter. Steph & Co. now owns 731,502 shares of the company’s stock worth $46,304,000 after purchasing an additional 52,329 shares during the last quarter.

JPMorgan Active Value ETF Price Performance

Shares of JAVA stock opened at $63.81 on Wednesday. The company has a market cap of $2.81 billion, a P/E ratio of 20.60 and a beta of 0.84. The stock’s 50-day moving average is $65.32 and its 200 day moving average is $64.90. JPMorgan Active Value ETF has a 1-year low of $56.72 and a 1-year high of $68.77.

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.