WealthPLAN Partners LLC Boosts Stock Position in JPMorgan Active Value ETF $JAVA

WealthPLAN Partners LLC lifted its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 372.1% in the first quarter, Holdings Channel reports. The institutional investor owned 27,388 shares of the company’s stock after buying an additional 21,587 shares during the quarter. WealthPLAN Partners LLC’s holdings in JPMorgan Active Value ETF were worth $1,965,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC acquired a new position in JPMorgan Active Value ETF during the 4th quarter worth $32,000. Quadrant Capital Group LLC bought a new position in shares of JPMorgan Active Value ETF during the fourth quarter worth about $32,000. Wilmington Savings Fund Society FSB acquired a new position in JPMorgan Active Value ETF in the third quarter worth about $33,000. Fairway Wealth LLC bought a new stake in JPMorgan Active Value ETF in the fourth quarter valued at about $37,000. Finally, Greenline Wealth Management LLC bought a new stake in JPMorgan Active Value ETF in the fourth quarter valued at about $45,000. 43.07% of the stock is owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Stock Down 0.1%

NYSEARCA:JAVA opened at $80.47 on Wednesday. The company has a market cap of $6.78 billion, a PE ratio of -88.43 and a beta of 0.78. The business’s 50 day moving average is $77.70 and its two-hundred day moving average is $75.29. JPMorgan Active Value ETF has a 52 week low of $64.40 and a 52 week high of $81.00.

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.