JPMorgan Active Value ETF $JAVA Stake Reduced by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. trimmed its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 50.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 568,473 shares of the company’s stock after selling 586,550 shares during the quarter. JPMorgan Active Value ETF accounts for about 0.7% of Vestmark Advisory Solutions Inc.’s portfolio, making the stock its 22nd biggest holding. Vestmark Advisory Solutions Inc. owned 0.92% of JPMorgan Active Value ETF worth $39,202,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Convergence Financial LLC raised its holdings in shares of JPMorgan Active Value ETF by 8.2% in the 3rd quarter. Convergence Financial LLC now owns 357,032 shares of the company’s stock worth $24,621,000 after purchasing an additional 26,976 shares in the last quarter. Keyvantage Wealth LLC grew its position in JPMorgan Active Value ETF by 1.7% in the third quarter. Keyvantage Wealth LLC now owns 205,114 shares of the company’s stock worth $14,145,000 after buying an additional 3,421 shares during the last quarter. Luts & Greenleigh Group Inc. bought a new position in shares of JPMorgan Active Value ETF in the third quarter valued at $200,000. Atticus Wealth Management LLC lifted its position in shares of JPMorgan Active Value ETF by 215.1% during the 3rd quarter. Atticus Wealth Management LLC now owns 6,954 shares of the company’s stock valued at $480,000 after acquiring an additional 4,747 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Active Value ETF by 15.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 15,963,524 shares of the company’s stock worth $1,100,845,000 after acquiring an additional 2,098,043 shares in the last quarter. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Up 0.5%

Shares of NYSEARCA JAVA opened at $76.43 on Friday. The stock’s fifty day simple moving average is $74.30 and its 200 day simple moving average is $70.75. The stock has a market capitalization of $5.80 billion, a price-to-earnings ratio of -83.99 and a beta of 0.81. JPMorgan Active Value ETF has a 52-week low of $55.51 and a 52-week high of $77.22.

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.