Kestra Advisory Services LLC boosted its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) by 3.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 616,428 shares of the company’s stock after buying an additional 20,932 shares during the period. Kestra Advisory Services LLC’s holdings in JPMorgan Active Value ETF were worth $44,229,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased 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 worth $1,463,175,000 after acquiring an additional 4,437,690 shares during the last quarter. LPL Financial LLC boosted its position in shares of JPMorgan Active Value ETF by 9.3% during the 4th quarter. LPL Financial LLC now owns 6,262,663 shares of the company’s stock valued at $449,158,000 after acquiring an additional 531,461 shares during the last quarter. Dynasty Wealth Management LLC boosted its position in shares of JPMorgan Active Value ETF by 27.0% during the 4th quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock valued at $342,568,000 after acquiring an additional 1,014,584 shares during the last quarter. Sagespring Wealth Partners LLC boosted its position in shares of JPMorgan Active Value ETF by 9.2% during the 4th quarter. Sagespring Wealth Partners LLC now owns 4,199,747 shares of the company’s stock valued at $301,206,000 after acquiring an additional 355,013 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of JPMorgan Active Value ETF by 3.3% in the third quarter. Ameriprise Financial Inc. now owns 2,531,360 shares of the company’s stock valued at $174,520,000 after purchasing an additional 81,880 shares during the period. 43.07% of the stock is currently owned by hedge funds and other institutional investors.
JPMorgan Active Value ETF Trading Up 0.7%
JPMorgan Active Value ETF stock opened at $80.08 on Friday. JPMorgan Active Value ETF has a 12-month low of $64.40 and a 12-month high of $81.00. The stock has a market cap of $6.75 billion, a P/E ratio of -88.00 and a beta of 0.78. The company has a 50-day moving average price of $77.88 and a 200 day moving average price of $75.40.
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.
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