JPMorgan Active Value ETF $JAVA Shares Bought by IFP Advisors Inc

IFP Advisors Inc boosted its holdings in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 74.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,664 shares of the company’s stock after purchasing an additional 7,989 shares during the period. IFP Advisors Inc’s holdings in JPMorgan Active Value ETF were worth $1,223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NorthRock Partners LLC acquired a new position in JPMorgan Active Value ETF during the first quarter valued at $46,000. Ameritas Advisory Services LLC purchased a new position in JPMorgan Active Value ETF in the second quarter valued at $48,000. N.E.W. Advisory Services LLC purchased a new position in JPMorgan Active Value ETF in the first quarter valued at $51,000. Pinnacle Bancorp Inc. increased its holdings in JPMorgan Active Value ETF by 119.0% in the second quarter. Pinnacle Bancorp Inc. now owns 1,288 shares of the company’s stock valued at $84,000 after buying an additional 700 shares in the last quarter. Finally, Atticus Wealth Management LLC purchased a new position in JPMorgan Active Value ETF in the second quarter valued at $145,000. 43.07% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Stock Performance

JAVA opened at $67.15 on Monday. JPMorgan Active Value ETF has a fifty-two week low of $55.51 and a fifty-two week high of $69.83. The company has a fifty day moving average of $67.77 and a two-hundred day moving average of $64.91. The stock has a market capitalization of $4.09 billion, a price-to-earnings ratio of -73.79 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.