JPMorgan Active Value ETF (NYSEARCA:JAVA) Stake Boosted by Gemmer Asset Management LLC

Gemmer Asset Management LLC increased its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 0.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,925 shares of the company’s stock after purchasing an additional 183 shares during the quarter. Gemmer Asset Management LLC owned approximately 0.16% of JPMorgan Active Value ETF worth $5,015,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Farmers & Merchants Investments Inc. purchased a new position in JPMorgan Active Value ETF during the 4th quarter valued at about $25,000. Centricity Wealth Management LLC acquired a new stake in JPMorgan Active Value ETF in the 4th quarter worth approximately $39,000. Assetmark Inc. lifted its holdings in JPMorgan Active Value ETF by 2,402.6% in the 4th quarter. Assetmark Inc. now owns 976 shares of the company’s stock worth $62,000 after purchasing an additional 937 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of JPMorgan Active Value ETF during the first quarter worth approximately $81,000. Finally, Cary Street Partners Financial LLC acquired a new position in shares of JPMorgan Active Value ETF during the fourth quarter worth approximately $101,000.

JPMorgan Active Value ETF Stock Up 1.0%

Shares of JAVA stock opened at $63.97 on Friday. JPMorgan Active Value ETF has a 12 month low of $55.51 and a 12 month high of $68.77. The firm has a market cap of $3.46 billion, a PE ratio of 18.56 and a beta of 0.83. The stock has a 50 day moving average of $61.60 and a 200-day moving average of $64.01.

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.