Lake Street Private Wealth LLC Trims Stock Holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Lake Street Private Wealth LLC lowered its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 10.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,988 shares of the company’s stock after selling 1,810 shares during the period. Lake Street Private Wealth LLC’s holdings in JPMorgan Active Value ETF were worth $952,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in JPMorgan Active Value ETF by 641.1% during the fourth quarter. JPMorgan Chase & Co. now owns 10,231,275 shares of the company’s stock valued at $647,640,000 after buying an additional 8,850,809 shares in the last quarter. LPL Financial LLC increased its position in JPMorgan Active Value ETF by 9.1% in the 4th quarter. LPL Financial LLC now owns 2,831,430 shares of the company’s stock valued at $179,230,000 after acquiring an additional 236,742 shares during the period. Cetera Investment Advisers increased its position in JPMorgan Active Value ETF by 7.0% in the 4th quarter. Cetera Investment Advisers now owns 973,029 shares of the company’s stock valued at $61,593,000 after acquiring an additional 63,523 shares during the period. Commonwealth Equity Services LLC increased its position in shares of JPMorgan Active Value ETF by 21.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 760,356 shares of the company’s stock valued at $48,131,000 after purchasing an additional 133,671 shares during the period. Finally, Vestmark Advisory Solutions Inc. increased its position in shares of JPMorgan Active Value ETF by 23.4% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 559,905 shares of the company’s stock valued at $35,442,000 after purchasing an additional 106,200 shares during the period.

JPMorgan Active Value ETF Stock Performance

Shares of JAVA stock opened at $63.38 on Thursday. The stock has a market cap of $3.43 billion, a PE ratio of 18.56 and a beta of 0.83. The business’s fifty day moving average is $61.59 and its 200-day moving average is $64.05. JPMorgan Active Value ETF has a 1 year low of $55.51 and a 1 year high of $68.77.

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.