JPMorgan Active Value ETF $JAVA Shares Purchased by Steph & Co.

Steph & Co. lifted its holdings in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 11.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 914,389 shares of the company’s stock after purchasing an additional 92,072 shares during the quarter. JPMorgan Active Value ETF makes up about 18.7% of Steph & Co.’s holdings, making the stock its biggest position. Steph & Co.’s holdings in JPMorgan Active Value ETF were worth $65,607,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Active Value ETF by 27.8% in the 4th quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock valued at $1,463,175,000 after purchasing an additional 4,437,690 shares during the last quarter. OpenArc Corporate Advisory LLC acquired a new position in JPMorgan Active Value ETF during the fourth quarter worth $116,506,000. Dynasty Wealth Management LLC raised its holdings in JPMorgan Active Value ETF by 27.0% during the fourth quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock valued at $342,568,000 after buying an additional 1,014,584 shares in the last quarter. LPL Financial LLC raised its holdings in JPMorgan Active Value ETF by 9.3% during the fourth quarter. LPL Financial LLC now owns 6,262,663 shares of the company’s stock valued at $449,158,000 after buying an additional 531,461 shares in the last quarter. Finally, Sagespring Wealth Partners LLC lifted its position in shares of JPMorgan Active Value ETF by 9.2% in the fourth quarter. Sagespring Wealth Partners LLC now owns 4,199,747 shares of the company’s stock worth $301,206,000 after buying an additional 355,013 shares during the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

JAVA opened at $78.72 on Wednesday. The company has a market cap of $6.93 billion, a PE ratio of -86.51 and a beta of 0.78. The stock has a 50-day moving average of $76.77 and a 200-day moving average of $74.72. JPMorgan Active Value ETF has a 52-week low of $64.40 and a 52-week high of $80.33.

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.