LPL Financial LLC Increases Position in JPMorgan Active Value ETF $JAVA

LPL Financial LLC grew its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 9.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,262,663 shares of the company’s stock after acquiring an additional 531,461 shares during the period. LPL Financial LLC owned about 8.25% of JPMorgan Active Value ETF worth $449,158,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Moneco Advisors LLC grew its stake in shares of JPMorgan Active Value ETF by 1.6% in the fourth quarter. Moneco Advisors LLC now owns 9,300 shares of the company’s stock worth $667,000 after acquiring an additional 143 shares in the last quarter. Private Trust Co. NA grew its stake in shares of JPMorgan Active Value ETF by 1.2% in the fourth quarter. Private Trust Co. NA now owns 12,634 shares of the company’s stock worth $906,000 after acquiring an additional 149 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its stake in shares of JPMorgan Active Value ETF by 2.0% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 8,062 shares of the company’s stock worth $556,000 after acquiring an additional 159 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in shares of JPMorgan Active Value ETF by 8.5% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,219 shares of the company’s stock worth $165,000 after acquiring an additional 174 shares in the last quarter. Finally, Quotient Wealth Partners LLC grew its stake in shares of JPMorgan Active Value ETF by 0.8% in the fourth quarter. Quotient Wealth Partners LLC now owns 24,169 shares of the company’s stock worth $1,733,000 after acquiring an additional 198 shares in the last quarter. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Up 0.1%

NYSEARCA:JAVA opened at $77.23 on Tuesday. The company has a fifty day simple moving average of $75.35 and a two-hundred day simple moving average of $74.05. The company has a market cap of $6.80 billion, a price-to-earnings ratio of -84.87 and a beta of 0.78. JPMorgan Active Value ETF has a 52 week low of $63.67 and a 52 week high of $78.52.

JPMorgan Active Value ETF Company 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.