GGM Financials LLC Boosts Stock Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

GGM Financials LLC increased its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 1.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,016 shares of the company’s stock after buying an additional 1,033 shares during the period. JPMorgan Active Value ETF comprises approximately 3.7% of GGM Financials LLC’s holdings, making the stock its 6th largest holding. GGM Financials LLC owned about 0.17% of JPMorgan Active Value ETF worth $5,402,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in JAVA. Farmers & Merchants Investments Inc. bought a new position in JPMorgan Active Value ETF during the 4th quarter worth about $25,000. Centricity Wealth Management LLC bought a new stake in shares of JPMorgan Active Value ETF in the 4th quarter valued at about $39,000. Assetmark Inc. lifted its position 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 purchasing an additional 937 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of JPMorgan Active Value ETF in the 1st quarter worth approximately $81,000. Finally, Cary Street Partners Financial LLC bought a new position in shares of JPMorgan Active Value ETF during the fourth quarter valued at approximately $101,000.

JPMorgan Active Value ETF Stock Up 1.0%

Shares of NYSEARCA:JAVA opened at $63.97 on Friday. The company has a market capitalization of $3.46 billion, a price-to-earnings ratio of 18.56 and a beta of 0.83. JPMorgan Active Value ETF has a 52 week low of $55.51 and a 52 week high of $68.77. The firm has a 50 day moving average of $61.60 and a 200 day moving average of $64.01.

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.