NewEdge Advisors LLC Sells 10,635 Shares of JPMorgan Active Value ETF $JAVA

NewEdge Advisors LLC trimmed its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 7.1% in the 1st quarter, HoldingsChannel reports. The firm owned 139,648 shares of the company’s stock after selling 10,635 shares during the period. NewEdge Advisors LLC’s holdings in JPMorgan Active Value ETF were worth $10,020,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Fortis Group Advisors LLC acquired a new position in JPMorgan Active Value ETF during the 4th quarter valued at about $3,194,000. Steph & Co. grew its position in JPMorgan Active Value ETF by 9.4% in the 4th quarter. Steph & Co. now owns 822,317 shares of the company’s stock worth $58,977,000 after purchasing an additional 70,458 shares during the last quarter. Western Wealth Management LLC boosted its position in shares of JPMorgan Active Value ETF by 24.2% during the fourth quarter. Western Wealth Management LLC now owns 48,205 shares of the company’s stock worth $3,457,000 after buying an additional 9,386 shares during the period. Triad Wealth Partners LLC boosted its position in shares of JPMorgan Active Value ETF by 12.9% during the first quarter. Triad Wealth Partners LLC now owns 69,375 shares of the company’s stock worth $4,978,000 after buying an additional 7,906 shares during the period. Finally, FSM Wealth Advisors LLC grew its holdings in JPMorgan Active Value ETF by 4.4% in the 4th quarter. FSM Wealth Advisors LLC now owns 471,363 shares of the company’s stock worth $33,806,000 after buying an additional 19,662 shares in the last quarter. 43.07% of the stock is owned by institutional investors.

JPMorgan Active Value ETF Price Performance

Shares of JPMorgan Active Value ETF stock opened at $80.86 on Friday. JPMorgan Active Value ETF has a 1-year low of $64.40 and a 1-year high of $81.42. The business’s fifty day moving average price is $79.16 and its two-hundred day moving average price is $76.19. The company has a market capitalization of $6.95 billion, a P/E ratio of -88.86 and a beta of 0.78.

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.