Thurston Springer Miller Herd & Titak Inc. Acquires 6,463 Shares of JPMorgan Active Value ETF $JAVA

Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 46.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 20,255 shares of the company’s stock after purchasing an additional 6,463 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in JPMorgan Active Value ETF were worth $1,608,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of JAVA. International Assets Investment Management LLC bought a new stake in JPMorgan Active Value ETF in the fourth quarter worth $32,000. Quadrant Capital Group LLC purchased a new stake in JPMorgan Active Value ETF in the fourth quarter worth $32,000. Wilmington Savings Fund Society FSB purchased a new position in JPMorgan Active Value ETF in the 3rd quarter worth about $33,000. Fairway Wealth LLC purchased a new position in shares of JPMorgan Active Value ETF during the fourth quarter worth approximately $37,000. Finally, Greenline Wealth Management LLC purchased a new position in shares of JPMorgan Active Value ETF during the fourth quarter worth approximately $45,000. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

Shares of NYSEARCA JAVA opened at $83.47 on Friday. The firm has a market capitalization of $7.15 billion, a price-to-earnings ratio of -91.73 and a beta of 0.77. The stock has a 50 day moving average price of $79.83 and a 200 day moving average price of $76.53. JPMorgan Active Value ETF has a 52-week low of $65.11 and a 52-week high of $83.76.

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.