LRI Investments LLC Acquires New Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

LRI Investments LLC acquired a new stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) during the 4th quarter, Holdings Channel reports. The fund acquired 9,000 shares of the company’s stock, valued at approximately $570,000.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. increased its position in JPMorgan Active Value ETF by 641.1% during the fourth quarter. JPMorgan Chase & Co. now owns 10,231,275 shares of the company’s stock worth $647,640,000 after purchasing an additional 8,850,809 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan Active Value ETF in the fourth quarter worth $32,941,000. Intellus Advisors LLC acquired a new stake in shares of JPMorgan Active Value ETF in the fourth quarter worth $27,978,000. Focus Partners Wealth acquired a new stake in shares of JPMorgan Active Value ETF in the fourth quarter worth $20,495,000. Finally, Janney Montgomery Scott LLC increased its position in shares of JPMorgan Active Value ETF by 20.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,426,359 shares of the company’s stock worth $90,289,000 after acquiring an additional 246,794 shares in the last quarter.

JPMorgan Active Value ETF Price Performance

JPMorgan Active Value ETF stock opened at $62.43 on Monday. JPMorgan Active Value ETF has a 52-week low of $55.51 and a 52-week high of $68.77. The firm has a fifty day moving average of $61.69 and a 200-day moving average of $64.31. The firm has a market capitalization of $3.31 billion, a P/E ratio of 18.56 and a beta of 0.83.

JPMorgan Active Value ETF Company 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.