Northwestern Mutual Wealth Management Co. Boosts Stake in JPMorgan Active Value ETF $JAVA

Northwestern Mutual Wealth Management Co. raised its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 8.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 118,452 shares of the company’s stock after buying an additional 9,029 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in JPMorgan Active Value ETF were worth $9,406,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Moneco Advisors LLC boosted its holdings in JPMorgan Active Value ETF by 1.6% during the 4th quarter. Moneco Advisors LLC now owns 9,300 shares of the company’s stock valued at $667,000 after acquiring an additional 143 shares during the period. Cary Street Partners Financial LLC lifted its position in shares of JPMorgan Active Value ETF by 13.3% during the second quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock worth $119,000 after purchasing an additional 212 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of JPMorgan Active Value ETF by 1.7% during the first quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock worth $933,000 after purchasing an additional 245 shares in the last quarter. Luts & Greenleigh Group Inc. boosted its stake in shares of JPMorgan Active Value ETF by 6.9% in the first quarter. Luts & Greenleigh Group Inc. now owns 3,871 shares of the company’s stock valued at $278,000 after purchasing an additional 249 shares during the period. Finally, Aegis Wealth Management Inc. boosted its stake in shares of JPMorgan Active Value ETF by 9.0% in the first quarter. Aegis Wealth Management Inc. now owns 3,126 shares of the company’s stock valued at $224,000 after purchasing an additional 259 shares during the period. 43.07% of the stock is owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Stock Up 0.6%

JPMorgan Active Value ETF stock opened at $82.66 on Thursday. JPMorgan Active Value ETF has a 52-week low of $67.14 and a 52-week high of $84.06. The firm has a market cap of $7.08 billion, a PE ratio of -90.84 and a beta of 0.77. The company’s 50 day moving average is $81.55 and its two-hundred day moving average is $77.51.

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.