Focus Partners Wealth Invests $20.50 Million in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Focus Partners Wealth bought a new position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 323,780 shares of the company’s stock, valued at approximately $20,495,000.

A number of other large investors have also modified their holdings of JAVA. Farmers & Merchants Investments Inc. acquired a new stake in shares of JPMorgan Active Value ETF in the 4th quarter worth approximately $25,000. Centricity Wealth Management LLC acquired a new stake in shares of JPMorgan Active Value ETF in the 4th quarter worth approximately $39,000. Assetmark Inc. grew its holdings in shares of JPMorgan Active Value ETF by 2,402.6% in the 4th quarter. Assetmark Inc. now owns 976 shares of the company’s stock worth $62,000 after acquiring an additional 937 shares during the period. Cary Street Partners Financial LLC acquired a new stake in shares of JPMorgan Active Value ETF in the 4th quarter worth approximately $101,000. Finally, WR Wealth Planners LLC acquired a new stake in shares of JPMorgan Active Value ETF in the 4th quarter worth approximately $115,000.

JPMorgan Active Value ETF Price Performance

JAVA opened at $62.43 on Monday. The stock has a market cap of $3.31 billion, a P/E ratio of 18.56 and a beta of 0.83. The stock’s 50 day simple moving average is $61.69 and its 200 day simple moving average is $64.31. JPMorgan Active Value ETF has a 1-year low of $55.51 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.