JPMorgan Active Value ETF $JAVA Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers lifted its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 5.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,192,349 shares of the company’s stock after purchasing an additional 66,558 shares during the quarter. Cetera Investment Advisers’ holdings in JPMorgan Active Value ETF were worth $78,099,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. NorthRock Partners LLC purchased a new position in shares of JPMorgan Active Value ETF during the first quarter worth $46,000. Ameritas Advisory Services LLC acquired a new position in shares of JPMorgan Active Value ETF during the second quarter worth about $48,000. Bank of Montreal Can lifted its position in JPMorgan Active Value ETF by 211.0% in the second quarter. Bank of Montreal Can now owns 737 shares of the company’s stock valued at $48,000 after purchasing an additional 500 shares during the period. N.E.W. Advisory Services LLC acquired a new position in JPMorgan Active Value ETF during the first quarter worth about $51,000. Finally, Pinnacle Bancorp Inc. lifted its holdings in shares of JPMorgan Active Value ETF by 119.0% in the second quarter. Pinnacle Bancorp Inc. now owns 1,288 shares of the company’s stock valued at $84,000 after purchasing an additional 700 shares in the last quarter. 43.07% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Stock Performance

Shares of JAVA opened at $69.59 on Friday. JPMorgan Active Value ETF has a fifty-two week low of $55.51 and a fifty-two week high of $71.06. The stock has a fifty day moving average of $69.01 and a two-hundred day moving average of $66.50. The company has a market capitalization of $4.32 billion, a PE ratio of -76.47 and a beta of 0.81.

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.