JPMorgan Active Value ETF (NYSEARCA:JAVA) Shares Bought by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. grew its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 33.8% during the 3rd quarter, Holdings Channel reports. The firm owned 5,374 shares of the company’s stock after purchasing an additional 1,359 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in JPMorgan Active Value ETF were worth $342,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Denver PWM LLC boosted its holdings in JPMorgan Active Value ETF by 9.7% in the 3rd quarter. Denver PWM LLC now owns 40,391 shares of the company’s stock worth $2,588,000 after buying an additional 3,556 shares during the last quarter. Synovus Financial Corp boosted its stake in shares of JPMorgan Active Value ETF by 95.7% in the third quarter. Synovus Financial Corp now owns 70,348 shares of the company’s stock worth $4,508,000 after acquiring an additional 34,405 shares during the last quarter. Eaton Financial Holdings Company LLC purchased a new stake in shares of JPMorgan Active Value ETF during the third quarter worth approximately $309,000. 3Chopt Investment Partners LLC raised its stake in JPMorgan Active Value ETF by 18.6% in the 3rd quarter. 3Chopt Investment Partners LLC now owns 22,238 shares of the company’s stock valued at $1,425,000 after purchasing an additional 3,488 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in JPMorgan Active Value ETF by 53.3% in the 3rd quarter. MML Investors Services LLC now owns 76,842 shares of the company’s stock valued at $4,923,000 after purchasing an additional 26,731 shares in the last quarter.

JPMorgan Active Value ETF Stock Up 1.2 %

Shares of JAVA opened at $63.79 on Friday. The firm’s fifty day moving average is $66.11 and its two-hundred day moving average is $62.90. The stock has a market cap of $1.22 billion, a PE ratio of 19.49 and a beta of 0.76. JPMorgan Active Value ETF has a 52-week low of $54.11 and a 52-week high of $68.77.

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.