Independence Asset Advisors LLC Boosts Holdings in JPMorgan Active Value ETF $JAVA

Independence Asset Advisors LLC grew its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 129.5% during the first quarter, HoldingsChannel reports. The firm owned 22,711 shares of the company’s stock after buying an additional 12,815 shares during the period. JPMorgan Active Value ETF accounts for approximately 0.6% of Independence Asset Advisors LLC’s holdings, making the stock its 11th largest holding. Independence Asset Advisors LLC’s holdings in JPMorgan Active Value ETF were worth $1,630,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. BCGM Wealth Management LLC increased its stake in JPMorgan Active Value ETF by 5.2% during the 3rd quarter. BCGM Wealth Management LLC now owns 157,291 shares of the company’s stock worth $10,847,000 after buying an additional 7,742 shares during the period. Arlington Financial Advisors LLC lifted its holdings in JPMorgan Active Value ETF by 3.0% in the 4th quarter. Arlington Financial Advisors LLC now owns 362,453 shares of the company’s stock worth $25,995,000 after buying an additional 10,481 shares in the last quarter. Fortis Group Advisors LLC purchased a new position in JPMorgan Active Value ETF in the 4th quarter valued at about $3,194,000. Steph & Co. boosted its position in JPMorgan Active Value ETF by 9.4% in the 4th quarter. Steph & Co. now owns 822,317 shares of the company’s stock valued at $58,977,000 after buying an additional 70,458 shares during the last quarter. Finally, FSM Wealth Advisors LLC boosted its position in JPMorgan Active Value ETF by 4.4% in the 4th quarter. FSM Wealth Advisors LLC now owns 471,363 shares of the company’s stock valued at $33,806,000 after buying an additional 19,662 shares during the last quarter. 43.07% of the stock is owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Price Performance

Shares of JPMorgan Active Value ETF stock opened at $79.00 on Monday. JPMorgan Active Value ETF has a 1-year low of $64.40 and a 1-year high of $80.33. The company has a market capitalization of $6.95 billion, a PE ratio of -86.81 and a beta of 0.78. The business has a 50-day moving average of $77.04 and a 200-day moving average of $74.88.

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.