PUREfi Wealth LLC Increases Stock Holdings in JPMorgan Active Value ETF $JAVA

PUREfi Wealth LLC raised its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 58.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,227 shares of the company’s stock after acquiring an additional 7,495 shares during the quarter. JPMorgan Active Value ETF accounts for about 1.0% of PUREfi Wealth LLC’s investment portfolio, making the stock its 24th largest holding. PUREfi Wealth LLC’s holdings in JPMorgan Active Value ETF were worth $1,451,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in JPMorgan Active Value ETF by 27.8% during the 4th quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock valued at $1,463,175,000 after purchasing an additional 4,437,690 shares in the last quarter. LPL Financial LLC boosted its stake in shares of JPMorgan Active Value ETF by 9.3% during the 4th quarter. LPL Financial LLC now owns 6,262,663 shares of the company’s stock valued at $449,158,000 after buying an additional 531,461 shares during the last quarter. Dynasty Wealth Management LLC grew its holdings in JPMorgan Active Value ETF by 27.0% during the 4th quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock worth $342,568,000 after acquiring an additional 1,014,584 shares in the last quarter. Sagespring Wealth Partners LLC raised its stake in shares of JPMorgan Active Value ETF by 9.2% in the 4th quarter. Sagespring Wealth Partners LLC now owns 4,199,747 shares of the company’s stock valued at $301,206,000 after purchasing an additional 355,013 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of JPMorgan Active Value ETF by 3.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,531,360 shares of the company’s stock valued at $174,520,000 after purchasing an additional 81,880 shares in the last quarter. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

Shares of JAVA stock opened at $80.18 on Monday. The stock has a market capitalization of $6.76 billion, a price-to-earnings ratio of -88.11 and a beta of 0.78. JPMorgan Active Value ETF has a one year low of $64.40 and a one year high of $80.47. The company’s 50-day simple moving average is $77.50 and its 200-day simple moving average is $75.16.

About JPMorgan Active Value ETF

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.