Summit Wealth Group LLC Co. Buys New Position in JPMorgan Active Value ETF $JAVA

Summit Wealth Group LLC Co. bought a new stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 11,688 shares of the company’s stock, valued at approximately $838,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of JAVA. NewEdge Advisors LLC raised its position in JPMorgan Active Value ETF by 1.7% in the 1st quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock valued at $933,000 after buying an additional 245 shares during the last quarter. Creative Planning acquired a new stake in JPMorgan Active Value ETF in the 2nd quarter valued at approximately $269,000. Flow Traders U.S. LLC acquired a new stake in JPMorgan Active Value ETF in the 2nd quarter valued at approximately $324,000. Cary Street Partners Financial LLC raised its position in JPMorgan Active Value ETF by 13.3% in the 2nd quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock valued at $119,000 after buying an additional 212 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in JPMorgan Active Value ETF in the 2nd quarter valued at approximately $127,000. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Down 0.2%

JAVA stock opened at $76.31 on Wednesday. The business has a 50 day moving average price of $73.73 and a two-hundred day moving average price of $73.07. The company has a market cap of $6.72 billion, a price-to-earnings ratio of -83.86 and a beta of 0.79. JPMorgan Active Value ETF has a twelve month low of $61.76 and a twelve month high of $77.22.

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.