JPMorgan Active Value ETF $JAVA is Steph & Co.’s Largest Position

Steph & Co. grew its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 9.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 822,317 shares of the company’s stock after purchasing an additional 70,458 shares during the period. JPMorgan Active Value ETF makes up 17.0% of Steph & Co.’s portfolio, making the stock its biggest position. Steph & Co. owned about 1.12% of JPMorgan Active Value ETF worth $58,977,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of JPMorgan Active Value ETF in the third quarter valued at $33,000. Total Investment Management Inc. purchased a new stake in shares of JPMorgan Active Value ETF in the second quarter valued at $40,000. Root Financial Partners LLC purchased a new stake in shares of JPMorgan Active Value ETF in the third quarter valued at $56,000. Pinnacle Bancorp Inc. lifted its holdings in shares of JPMorgan Active Value ETF by 11.6% in the third quarter. Pinnacle Bancorp Inc. now owns 1,438 shares of the company’s stock valued at $99,000 after purchasing an additional 150 shares in the last quarter. Finally, Cary Street Partners Financial LLC lifted its holdings in shares of JPMorgan Active Value ETF by 13.3% in the second quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock valued at $119,000 after purchasing an additional 212 shares in the last quarter. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Up 1.0%

JAVA opened at $74.60 on Tuesday. The stock has a fifty day moving average of $73.93 and a 200-day moving average of $72.16. The firm has a market capitalization of $6.21 billion, a P/E ratio of -81.98 and a beta of 0.81. JPMorgan Active Value ETF has a 12-month low of $57.81 and a 12-month high of $77.22.

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.