LRI Investments LLC Boosts Stock Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

LRI Investments LLC lifted its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 103.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,350 shares of the company’s stock after purchasing an additional 9,350 shares during the quarter. LRI Investments LLC’s holdings in JPMorgan Active Value ETF were worth $1,166,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC boosted its holdings in shares of JPMorgan Active Value ETF by 23.6% in the 1st quarter. CWM LLC now owns 153,413 shares of the company’s stock worth $9,748,000 after purchasing an additional 29,247 shares in the last quarter. Prism Advisors Inc. purchased a new position in shares of JPMorgan Active Value ETF in the 1st quarter worth about $14,816,000. Gateway Wealth Partners LLC lifted its stake in shares of JPMorgan Active Value ETF by 27.6% in the 1st quarter. Gateway Wealth Partners LLC now owns 9,527 shares of the company’s stock valued at $605,000 after acquiring an additional 2,061 shares during the last quarter. Country Club Bank lifted its stake in shares of JPMorgan Active Value ETF by 18.4% in the 1st quarter. Country Club Bank now owns 32,490 shares of the company’s stock valued at $2,047,000 after acquiring an additional 5,039 shares during the last quarter. Finally, Weil Company Inc. lifted its stake in shares of JPMorgan Active Value ETF by 133.0% in the 1st quarter. Weil Company Inc. now owns 63,888 shares of the company’s stock valued at $4,059,000 after acquiring an additional 36,473 shares during the last quarter. 43.07% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Trading Down 0.5%

NYSEARCA JAVA opened at $66.42 on Friday. JPMorgan Active Value ETF has a 1-year low of $55.51 and a 1-year high of $68.77. The stock has a 50-day moving average of $64.15 and a 200-day moving average of $63.76. The firm has a market cap of $3.77 billion, a PE ratio of -72.99 and a beta of 0.80.

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.