WealthPlan Investment Management LLC Increases Position in JPMorgan Active Value ETF $JAVA

WealthPlan Investment Management LLC increased its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 481.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 124,843 shares of the company’s stock after acquiring an additional 103,380 shares during the quarter. WealthPlan Investment Management LLC’s holdings in JPMorgan Active Value ETF were worth $8,609,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of JAVA. Total Investment Management Inc. acquired a new position in shares of JPMorgan Active Value ETF in the 2nd quarter valued at approximately $40,000. Ameritas Advisory Services LLC bought a new stake in shares of JPMorgan Active Value ETF in the second quarter worth $48,000. Bank of Montreal Can increased its stake in shares of JPMorgan Active Value ETF by 211.0% in the second quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $48,000 after buying an additional 500 shares during the last quarter. Pinnacle Bancorp Inc. raised its holdings in 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 acquiring an additional 700 shares in the last quarter. Finally, Cary Street Partners Financial LLC boosted its stake in JPMorgan Active Value ETF by 13.3% during the 2nd quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock valued at $119,000 after acquiring an additional 212 shares during the last quarter. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

Shares of JAVA stock opened at $74.44 on Wednesday. The firm has a fifty day moving average of $71.40 and a two-hundred day moving average of $68.96. The firm has a market cap of $5.43 billion, a P/E ratio of -81.80 and a beta of 0.81. JPMorgan Active Value ETF has a 1-year low of $55.51 and a 1-year high of $74.69.

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.