JPMorgan Active Value ETF $JAVA Shares Newly Acquired by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. purchased a new position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) during the third quarter, HoldingsChannel reports. The firm purchased 14,490 shares of the company’s stock, valued at approximately $1,155,000.

A number of other institutional investors have also added to or reduced their stakes in JAVA. Latitude Advisors LLC bought a new position in JPMorgan Active Value ETF in the third quarter worth approximately $27,000. Root Financial Partners LLC bought a new stake in shares of JPMorgan Active Value ETF during the third quarter valued at approximately $64,000. Compass Financial Management LLC bought a new stake in shares of JPMorgan Active Value ETF during the second quarter valued at approximately $103,000. Envestnet Portfolio Solutions Inc. acquired a new position in shares of JPMorgan Active Value ETF during the second quarter worth approximately $206,000. Finally, Triumph Capital Management raised its position in shares of JPMorgan Active Value ETF by 11.2% during the third quarter. Triumph Capital Management now owns 2,806 shares of the company’s stock worth $224,000 after purchasing an additional 282 shares during the period. 43.07% of the stock is owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Stock Up 0.2%

Shares of JAVA opened at $84.70 on Thursday. JPMorgan Active Value ETF has a 12-month low of $67.77 and a 12-month high of $86.02. The business’s fifty day moving average is $82.04 and its 200 day moving average is $78.51. The stock has a market cap of $7.62 billion, a P/E ratio of -93.08 and a beta of 0.77.

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.