First Heartland Consultants Inc. Sells 16,676 Shares of JPMorgan Active Value ETF $JAVA

First Heartland Consultants Inc. lowered its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 42.5% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,603 shares of the company’s stock after selling 16,676 shares during the period. First Heartland Consultants Inc.’s holdings in JPMorgan Active Value ETF were worth $1,795,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Active Value ETF by 27.8% during the fourth quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock worth $1,463,175,000 after purchasing an additional 4,437,690 shares during the period. LPL Financial LLC increased its holdings in 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 purchasing an additional 531,461 shares during the period. Dynasty Wealth Management LLC increased its holdings in 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 purchasing an additional 1,014,584 shares during the period. Ameriprise Financial Inc. raised its position in JPMorgan Active Value ETF by 3.3% during the 3rd 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 last quarter. Finally, Morgan Stanley raised its position in JPMorgan Active Value ETF by 9.9% during the 4th quarter. Morgan Stanley now owns 1,793,105 shares of the company’s stock valued at $128,602,000 after purchasing an additional 161,648 shares during the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

NYSEARCA JAVA opened at $83.47 on Friday. JPMorgan Active Value ETF has a fifty-two week low of $65.11 and a fifty-two week high of $83.76. The stock has a 50 day simple moving average of $79.83 and a two-hundred day simple moving average of $76.53. The stock has a market cap of $7.15 billion, a P/E ratio of -91.73 and a beta of 0.77.

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.