Beaumont Financial Advisors LLC Cuts Stake in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Beaumont Financial Advisors LLC lessened its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 5.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,765 shares of the company’s stock after selling 960 shares during the quarter. Beaumont Financial Advisors LLC owned about 0.09% of JPMorgan Active Value ETF worth $1,074,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in JAVA. LPL Financial LLC lifted its stake in shares of JPMorgan Active Value ETF by 1.2% in the 2nd quarter. LPL Financial LLC now owns 2,522,801 shares of the company’s stock worth $149,501,000 after purchasing an additional 30,609 shares during the period. Cetera Investment Advisers lifted its stake in shares of JPMorgan Active Value ETF by 2,965.2% in the 2nd quarter. Cetera Investment Advisers now owns 811,564 shares of the company’s stock worth $48,093,000 after purchasing an additional 785,087 shares during the period. Janney Montgomery Scott LLC grew its holdings in JPMorgan Active Value ETF by 21.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 745,094 shares of the company’s stock valued at $44,624,000 after buying an additional 129,523 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in JPMorgan Active Value ETF by 15.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 628,997 shares of the company’s stock valued at $37,274,000 after buying an additional 82,420 shares in the last quarter. Finally, Steph & Co. purchased a new stake in JPMorgan Active Value ETF during the 1st quarter valued at approximately $36,071,000.

JPMorgan Active Value ETF Price Performance

Shares of JAVA opened at $64.84 on Friday. JPMorgan Active Value ETF has a 1 year low of $48.47 and a 1 year high of $64.87. The company has a 50 day simple moving average of $62.41 and a two-hundred day simple moving average of $60.45. The firm has a market cap of $1.24 billion, a P/E ratio of 19.49 and a beta of 0.76.

About JPMorgan Active Value ETF

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.