Global Retirement Partners LLC Makes New Investment in JPMorgan Active Value ETF $JAVA

Global Retirement Partners LLC purchased a new stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 66,093 shares of the company’s stock, valued at approximately $4,329,000. Global Retirement Partners LLC owned 0.11% of JPMorgan Active Value ETF at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in JAVA. Intellus Advisors LLC increased its position in JPMorgan Active Value ETF by 2.5% during the 2nd quarter. Intellus Advisors LLC now owns 460,972 shares of the company’s stock valued at $30,194,000 after purchasing an additional 11,130 shares during the period. JPMorgan Chase & Co. increased its position in shares of JPMorgan Active Value ETF by 3.2% during the second quarter. JPMorgan Chase & Co. now owns 13,865,481 shares of the company’s stock worth $908,189,000 after buying an additional 434,807 shares during the period. Perennial Investment Advisors LLC raised its stake in JPMorgan Active Value ETF by 282.2% during the second quarter. Perennial Investment Advisors LLC now owns 53,410 shares of the company’s stock worth $3,498,000 after buying an additional 39,435 shares during the last quarter. Landaas & Co. WI ADV raised its stake in JPMorgan Active Value ETF by 313.6% during the second quarter. Landaas & Co. WI ADV now owns 18,068 shares of the company’s stock worth $1,183,000 after buying an additional 13,700 shares during the last quarter. Finally, Keyvantage Wealth LLC lifted its holdings in JPMorgan Active Value ETF by 3.5% in the second quarter. Keyvantage Wealth LLC now owns 201,693 shares of the company’s stock valued at $13,211,000 after buying an additional 6,819 shares during the period. 43.07% of the stock is currently owned by institutional investors.

JPMorgan Active Value ETF Trading Up 0.8%

Shares of JAVA opened at $69.39 on Tuesday. The firm’s fifty day simple moving average is $69.04 and its two-hundred day simple moving average is $66.81. JPMorgan Active Value ETF has a 12 month low of $55.51 and a 12 month high of $71.06. The stock has a market capitalization of $4.31 billion, a P/E ratio of -76.25 and a beta of 0.81.

About JPMorgan Active Value ETF

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.