IFG Advisory LLC Increases Stock Holdings in JPMorgan Active Value ETF $JAVA

IFG Advisory LLC lifted its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 20.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,048 shares of the company’s stock after purchasing an additional 2,555 shares during the quarter. IFG Advisory LLC’s holdings in JPMorgan Active Value ETF were worth $986,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of JAVA. D.A. Davidson & CO. grew its holdings in shares of JPMorgan Active Value ETF by 1.5% in the first quarter. D.A. Davidson & CO. now owns 33,482 shares of the company’s stock valued at $2,127,000 after purchasing an additional 490 shares during the period. Olde Wealth Management LLC acquired a new position in JPMorgan Active Value ETF in the first quarter valued at about $181,000. Concurrent Investment Advisors LLC lifted its position in JPMorgan Active Value ETF by 16.9% in the first quarter. Concurrent Investment Advisors LLC now owns 5,597 shares of the company’s stock valued at $355,000 after buying an additional 809 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in JPMorgan Active Value ETF by 465.1% in the first quarter. Envestnet Asset Management Inc. now owns 1,189,600 shares of the company’s stock valued at $75,587,000 after buying an additional 979,103 shares during the last quarter. Finally, Heritage Wealth Management Inc. lifted its position in JPMorgan Active Value ETF by 35.6% in the first quarter. Heritage Wealth Management Inc. now owns 17,939 shares of the company’s stock valued at $1,140,000 after buying an additional 4,706 shares during the last quarter. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

NYSEARCA JAVA opened at $69.35 on Friday. The firm’s 50-day moving average is $68.66 and its two-hundred day moving average is $65.83. The stock has a market capitalization of $4.40 billion, a P/E ratio of -76.21 and a beta of 0.81. JPMorgan Active Value ETF has a 12 month low of $55.51 and a 12 month high of $70.28.

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.