JPMorgan Chase & Co. Acquires 4,437,690 Shares of JPMorgan Active Value ETF $JAVA

JPMorgan Chase & Co. lifted its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 27.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 20,401,214 shares of the company’s stock after purchasing an additional 4,437,690 shares during the period. JPMorgan Chase & Co. owned about 26.86% of JPMorgan Active Value ETF worth $1,463,175,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC bought a new position in shares of JPMorgan Active Value ETF in the 4th quarter worth approximately $32,000. Wilmington Savings Fund Society FSB bought a new position in shares of JPMorgan Active Value ETF in the 3rd quarter worth approximately $33,000. Fairway Wealth LLC bought a new position in shares of JPMorgan Active Value ETF in the 4th quarter worth approximately $37,000. Richards Merrill & Peterson Inc. bought a new position in shares of JPMorgan Active Value ETF in the 4th quarter worth approximately $73,000. Finally, Cary Street Partners Financial LLC lifted its stake in shares of JPMorgan Active Value ETF by 13.3% in the 2nd quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock worth $119,000 after purchasing an additional 212 shares during the period. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Up 0.1%

Shares of NYSEARCA:JAVA opened at $77.23 on Tuesday. The firm’s 50 day moving average price is $75.35 and its 200-day moving average price is $74.05. JPMorgan Active Value ETF has a twelve month low of $63.67 and a twelve month high of $78.52. The stock has a market capitalization of $6.80 billion, a PE ratio of -84.87 and a beta of 0.78.

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.