Americana Partners LLC Acquires 6,398 Shares of JPMorgan Active Value ETF $JAVA

Americana Partners LLC raised its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 1.2% in the second quarter, HoldingsChannel.com reports. The firm owned 537,843 shares of the company’s stock after purchasing an additional 6,398 shares during the quarter. JPMorgan Active Value ETF comprises approximately 1.2% of Americana Partners LLC’s holdings, making the stock its 20th biggest holding. Americana Partners LLC’s holdings in JPMorgan Active Value ETF were worth $35,229,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. NorthRock Partners LLC acquired a new stake in shares of JPMorgan Active Value ETF in the first quarter valued at approximately $46,000. Ameritas Advisory Services LLC acquired a new stake in JPMorgan Active Value ETF during the second quarter worth approximately $48,000. Bank of Montreal Can increased its stake in JPMorgan Active Value ETF by 211.0% during the 2nd quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $48,000 after acquiring an additional 500 shares during the period. N.E.W. Advisory Services LLC acquired a new position in JPMorgan Active Value ETF in the 1st quarter valued at $51,000. Finally, Pinnacle Bancorp Inc. lifted its position in shares of JPMorgan Active Value ETF by 119.0% during the 2nd quarter. Pinnacle Bancorp Inc. now owns 1,288 shares of the company’s stock valued at $84,000 after acquiring an additional 700 shares during the period. 43.07% of the stock is owned by institutional investors.

JPMorgan Active Value ETF Stock Performance

JAVA opened at $69.52 on Monday. JPMorgan Active Value ETF has a 52-week low of $55.51 and a 52-week high of $70.28. The firm has a market cap of $4.31 billion, a P/E ratio of -76.40 and a beta of 0.81. The business’s fifty day moving average is $68.79 and its 200-day moving average is $66.22.

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.