JPMorgan Active Value ETF $JAVA Shares Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC increased its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 6.4% in the 2nd quarter, Holdings Channel reports. The firm owned 164,361 shares of the company’s stock after buying an additional 9,954 shares during the period. NewEdge Advisors LLC’s holdings in JPMorgan Active Value ETF were worth $13,052,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in JPMorgan Active Value ETF by 27.8% during the 4th quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock worth $1,463,175,000 after buying an additional 4,437,690 shares during the last quarter. OpenArc Corporate Advisory LLC acquired a new stake in shares of JPMorgan Active Value ETF in the fourth quarter valued at approximately $116,506,000. Janney Montgomery Scott LLC acquired a new stake in shares of JPMorgan Active Value ETF in the second quarter valued at approximately $115,836,000. Dynasty Wealth Management LLC grew its position in shares of JPMorgan Active Value ETF by 27.0% during the fourth quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock worth $342,568,000 after acquiring an additional 1,014,584 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of JPMorgan Active Value ETF by 117.0% during the first quarter. Bank of America Corp DE now owns 1,771,693 shares of the company’s stock worth $127,119,000 after acquiring an additional 955,074 shares during the last quarter. 43.07% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Price Performance

Shares of JPMorgan Active Value ETF stock opened at $82.22 on Friday. The firm’s fifty day simple moving average is $81.93 and its 200-day simple moving average is $77.81. JPMorgan Active Value ETF has a 12 month low of $67.14 and a 12 month high of $84.06. The stock has a market capitalization of $7.04 billion, a price-to-earnings ratio of -90.35 and a beta of 0.77.

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.