Mutual Advisors LLC Lowers Holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Mutual Advisors LLC trimmed its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 1.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,894 shares of the company’s stock after selling 1,005 shares during the period. Mutual Advisors LLC owned 0.38% of JPMorgan Active Value ETF worth $4,713,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Cetera Investment Advisers boosted its stake in JPMorgan Active Value ETF by 2,965.2% during the second quarter. Cetera Investment Advisers now owns 811,564 shares of the company’s stock valued at $48,093,000 after buying an additional 785,087 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of JPMorgan Active Value ETF during the 2nd quarter valued at about $13,353,000. Janney Montgomery Scott LLC grew its holdings in shares of JPMorgan Active Value ETF by 21.0% during the first quarter. Janney Montgomery Scott LLC now owns 745,094 shares of the company’s stock worth $44,624,000 after purchasing an additional 129,523 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of JPMorgan Active Value ETF by 100.5% in the first quarter. Osaic Holdings Inc. now owns 202,889 shares of the company’s stock worth $12,151,000 after purchasing an additional 101,694 shares during the last quarter. Finally, Daymark Wealth Partners LLC raised its stake in JPMorgan Active Value ETF by 34.2% in the third quarter. Daymark Wealth Partners LLC now owns 326,323 shares of the company’s stock valued at $20,907,000 after purchasing an additional 83,078 shares in the last quarter.

JPMorgan Active Value ETF Price Performance

Shares of JPMorgan Active Value ETF stock opened at $64.49 on Thursday. JPMorgan Active Value ETF has a 1 year low of $49.02 and a 1 year high of $65.60. The firm has a market cap of $1.23 billion, a PE ratio of 19.49 and a beta of 0.76. The company has a 50 day simple moving average of $63.59 and a two-hundred day simple moving average of $60.99.

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.