Commonwealth Financial Services LLC boosted its position in JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) by 7.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 101,201 shares of the company’s stock after acquiring an additional 7,232 shares during the period. JPMorgan Active Value ETF accounts for approximately 1.3% of Commonwealth Financial Services LLC’s portfolio, making the stock its 25th largest holding. Commonwealth Financial Services LLC owned approximately 0.53% of JPMorgan Active Value ETF worth $6,406,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JAVA. JPMorgan Chase & Co. grew its holdings in JPMorgan Active Value ETF by 63.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,466 shares of the company’s stock valued at $88,447,000 after buying an additional 534,561 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in JPMorgan Active Value ETF by 20.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,426,359 shares of the company’s stock valued at $90,289,000 after buying an additional 246,794 shares in the last quarter. Tyler Stone Wealth Management grew its holdings in JPMorgan Active Value ETF by 149.0% during the 3rd quarter. Tyler Stone Wealth Management now owns 159,193 shares of the company’s stock valued at $10,200,000 after buying an additional 95,252 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in JPMorgan Active Value ETF during the 4th quarter valued at about $5,831,000. Finally, Orrstown Financial Services Inc. purchased a new position in JPMorgan Active Value ETF during the 4th quarter valued at about $5,476,000.
JPMorgan Active Value ETF Stock Down 0.5 %
JAVA stock opened at $65.77 on Tuesday. JPMorgan Active Value ETF has a twelve month low of $55.14 and a twelve month high of $68.77. The firm has a market capitalization of $1.26 billion, a PE ratio of 19.49 and a beta of 0.76. The stock has a 50-day simple moving average of $65.50 and a two-hundred day simple moving average of $64.12.
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.
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