JPMorgan Active Value ETF $JAVA Shares Sold by Prism Advisors Inc.

Prism Advisors Inc. cut its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 83.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,517 shares of the company’s stock after selling 203,467 shares during the quarter. Prism Advisors Inc.’s holdings in JPMorgan Active Value ETF were worth $3,203,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Compass Financial Management LLC acquired a new position in shares of JPMorgan Active Value ETF during the 2nd quarter valued at about $103,000. Envestnet Portfolio Solutions Inc. acquired a new stake in JPMorgan Active Value ETF during the second quarter worth about $206,000. Sequent Planning LLC purchased a new position in JPMorgan Active Value ETF during the first quarter worth about $211,000. Aegis Wealth Management Inc. raised its stake in JPMorgan Active Value ETF by 9.0% during the first quarter. Aegis Wealth Management Inc. now owns 3,126 shares of the company’s stock worth $224,000 after purchasing an additional 259 shares during the period. Finally, Two Sigma Securities LLC purchased a new position in JPMorgan Active Value ETF during the second quarter worth about $226,000. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

NYSEARCA:JAVA opened at $81.57 on Friday. The company’s 50-day moving average is $82.12 and its two-hundred day moving average is $78.81. JPMorgan Active Value ETF has a 1-year low of $67.14 and a 1-year high of $84.06. The firm has a market capitalization of $7.09 billion, a price-to-earnings ratio of -89.64 and a beta of 0.78.

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.