JPMorgan Active Value ETF $JAVA Shares Acquired by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC increased its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 67.8% during the third quarter, HoldingsChannel reports. The fund owned 37,165 shares of the company’s stock after acquiring an additional 15,013 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in JPMorgan Active Value ETF were worth $2,963,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Global Retirement Partners LLC acquired a new stake in JPMorgan Active Value ETF in the 2nd quarter worth $2,725,000. Centerline Wealth Advisors LLC raised its position in shares of JPMorgan Active Value ETF by 5.4% during the second quarter. Centerline Wealth Advisors LLC now owns 305,286 shares of the company’s stock valued at $24,243,000 after buying an additional 15,684 shares during the last quarter. Western Wealth Management LLC raised its position in shares of JPMorgan Active Value ETF by 26.6% during the first quarter. Western Wealth Management LLC now owns 61,050 shares of the company’s stock valued at $4,380,000 after buying an additional 12,845 shares during the last quarter. Citadel Advisors LLC raised its position in shares of JPMorgan Active Value ETF by 231.1% during the second quarter. Citadel Advisors LLC now owns 12,726 shares of the company’s stock valued at $1,011,000 after buying an additional 8,882 shares during the last quarter. Finally, CI Investments Inc. lifted its stake in shares of JPMorgan Active Value ETF by 27.9% in the first quarter. CI Investments Inc. now owns 547,918 shares of the company’s stock valued at $39,313,000 after buying an additional 119,600 shares during the period. 43.07% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Stock Performance

NYSEARCA JAVA opened at $84.70 on Thursday. JPMorgan Active Value ETF has a twelve month low of $67.77 and a twelve month high of $86.02. The stock has a market cap of $7.62 billion, a PE ratio of -93.08 and a beta of 0.77. The firm has a 50-day simple moving average of $82.04 and a 200 day simple moving average of $78.51.

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.