Cwm LLC Increases Holdings in JPMorgan Active Value ETF $JAVA

Cwm LLC lifted its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 91.7% in the second quarter, Holdings Channel reports. The firm owned 294,055 shares of the company’s stock after buying an additional 140,642 shares during the period. Cwm LLC’s holdings in JPMorgan Active Value ETF were worth $19,261,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Comerica Bank raised its stake in JPMorgan Active Value ETF by 3.5% in the first quarter. Comerica Bank now owns 6,067 shares of the company’s stock worth $385,000 after buying an additional 203 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in JPMorgan Active Value ETF by 3.7% in the first quarter. Stratos Wealth Partners LTD. now owns 6,754 shares of the company’s stock worth $429,000 after buying an additional 241 shares in the last quarter. NewEdge Advisors LLC raised its stake in JPMorgan Active Value ETF by 1.7% in the first quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock worth $933,000 after buying an additional 245 shares in the last quarter. IFP Advisors Inc raised its stake in JPMorgan Active Value ETF by 2.7% in the first quarter. IFP Advisors Inc now owns 10,675 shares of the company’s stock worth $678,000 after buying an additional 279 shares in the last quarter. Finally, Clear Creek Financial Management LLC raised its stake in JPMorgan Active Value ETF by 2.2% in the second quarter. Clear Creek Financial Management LLC now owns 13,369 shares of the company’s stock worth $876,000 after buying an additional 290 shares in the last quarter. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Down 2.2%

Shares of NYSEARCA:JAVA opened at $67.15 on Monday. The company has a market capitalization of $4.09 billion, a price-to-earnings ratio of -73.79 and a beta of 0.80. JPMorgan Active Value ETF has a 52 week low of $55.51 and a 52 week high of $69.83. The firm has a 50 day moving average of $67.77 and a 200 day moving average of $64.91.

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.