JPMorgan Active Value ETF $JAVA Shares Acquired by Triangle Securities Wealth Management

Triangle Securities Wealth Management increased its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 1.0% in the second quarter, Holdings Channel.com reports. The firm owned 240,257 shares of the company’s stock after buying an additional 2,311 shares during the quarter. JPMorgan Active Value ETF comprises approximately 3.9% of Triangle Securities Wealth Management’s investment portfolio, making the stock its biggest position. Triangle Securities Wealth Management’s holdings in JPMorgan Active Value ETF were worth $15,737,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Comerica Bank increased its position in JPMorgan Active Value ETF by 3.5% during the 1st quarter. Comerica Bank now owns 6,067 shares of the company’s stock worth $385,000 after purchasing an additional 203 shares in the last quarter. Stratos Wealth Partners LTD. increased its position in JPMorgan Active Value ETF by 3.7% during the 1st quarter. Stratos Wealth Partners LTD. now owns 6,754 shares of the company’s stock worth $429,000 after purchasing an additional 241 shares in the last quarter. NewEdge Advisors LLC grew its holdings in JPMorgan Active Value ETF by 1.7% during the 1st quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock worth $933,000 after acquiring an additional 245 shares during the last quarter. IFP Advisors Inc grew its holdings in JPMorgan Active Value ETF by 2.7% during the 1st quarter. IFP Advisors Inc now owns 10,675 shares of the company’s stock worth $678,000 after acquiring an additional 279 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in JPMorgan Active Value ETF by 13.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,950 shares of the company’s stock worth $187,000 after acquiring an additional 355 shares during the last quarter. 43.07% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Price Performance

JAVA opened at $69.00 on Friday. JPMorgan Active Value ETF has a fifty-two week low of $55.51 and a fifty-two week high of $69.22. The firm has a market capitalization of $3.98 billion, a price-to-earnings ratio of -75.82 and a beta of 0.80. The company’s 50 day moving average price is $66.99 and its two-hundred day moving average price is $64.33.

JPMorgan Active Value ETF 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.