JPMorgan Active Value ETF $JAVA Shares Sold by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC reduced its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 9.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 345,482 shares of the company’s stock after selling 35,452 shares during the period. JPMorgan Active Value ETF makes up about 1.3% of WealthPlan Investment Management LLC’s holdings, making the stock its 21st largest holding. WealthPlan Investment Management LLC owned about 0.39% of JPMorgan Active Value ETF worth $27,542,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Cetera Investment Advisers grew its stake in JPMorgan Active Value ETF by 29.1% during the 1st quarter. Cetera Investment Advisers now owns 1,788,286 shares of the company’s stock worth $128,310,000 after purchasing an additional 403,101 shares in the last quarter. Bank of America Corp DE raised its position in JPMorgan Active Value ETF by 117.0% in the 1st quarter. Bank of America Corp DE now owns 1,771,693 shares of the company’s stock valued at $127,119,000 after purchasing an additional 955,074 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in JPMorgan Active Value ETF in the 2nd quarter valued at about $115,836,000. Royal Bank of Canada boosted its stake in shares of JPMorgan Active Value ETF by 83.6% in the 1st quarter. Royal Bank of Canada now owns 1,200,108 shares of the company’s stock valued at $86,107,000 after buying an additional 546,593 shares during the period. Finally, Avior Wealth Management LLC boosted its stake in shares of JPMorgan Active Value ETF by 4.8% in the 3rd quarter. Avior Wealth Management LLC now owns 1,002,489 shares of the company’s stock valued at $79,918,000 after buying an additional 46,304 shares during the period. 43.07% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Price Performance

Shares of JPMorgan Active Value ETF stock traded up $0.64 on Thursday, reaching $82.08. 364,335 shares of the company were exchanged, compared to its average volume of 449,135. JPMorgan Active Value ETF has a 1-year low of $67.77 and a 1-year high of $84.06. The company has a market cap of $7.20 billion, a P/E ratio of -90.20 and a beta of 0.78. The stock’s 50 day moving average price is $82.04 and its 200-day moving average price is $79.08.

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.