JPMorgan Active Value ETF $JAVA Shares Purchased by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC increased its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 9.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,069,729 shares of the company’s stock after buying an additional 265,790 shares during the quarter. JPMorgan Active Value ETF comprises about 1.8% of Sagespring Wealth Partners LLC’s investment portfolio, making the stock its 11th biggest position. Sagespring Wealth Partners LLC owned 5.39% of JPMorgan Active Value ETF worth $201,067,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Comerica Bank lifted its position in JPMorgan Active Value ETF by 3.5% during the first quarter. Comerica Bank now owns 6,067 shares of the company’s stock valued at $385,000 after buying an additional 203 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of JPMorgan Active Value ETF by 3.7% in the 1st quarter. Stratos Wealth Partners LTD. now owns 6,754 shares of the company’s stock valued at $429,000 after acquiring an additional 241 shares during the period. NewEdge Advisors LLC raised its stake in shares of JPMorgan Active Value ETF by 1.7% in the 1st quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock valued at $933,000 after acquiring an additional 245 shares during the period. IFP Advisors Inc lifted its holdings in shares of JPMorgan Active Value ETF by 2.7% during the 1st quarter. IFP Advisors Inc now owns 10,675 shares of the company’s stock valued at $678,000 after acquiring an additional 279 shares in the last quarter. Finally, Clear Creek Financial Management LLC lifted its holdings in shares of JPMorgan Active Value ETF by 2.2% during the 2nd quarter. Clear Creek Financial Management LLC now owns 13,369 shares of the company’s stock valued at $876,000 after acquiring an additional 290 shares in the last quarter. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Trading Up 1.1%

Shares of NYSEARCA JAVA opened at $67.91 on Tuesday. JPMorgan Active Value ETF has a 12-month low of $55.51 and a 12-month high of $69.83. The company has a market cap of $4.14 billion, a P/E ratio of -74.63 and a beta of 0.80. The stock has a fifty day moving average price of $67.83 and a 200 day moving average price of $64.95.

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.