Avantax Advisory Services Inc. Trims Stock Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Avantax Advisory Services Inc. lessened its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 18.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,248 shares of the company’s stock after selling 3,733 shares during the quarter. Avantax Advisory Services Inc. owned about 0.09% of JPMorgan Active Value ETF worth $1,028,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position in shares of 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 during the period. Atria Investments Inc purchased a new stake in shares of JPMorgan Active Value ETF during the 4th quarter valued at approximately $1,741,000. Stifel Financial Corp raised its position in shares of JPMorgan Active Value ETF by 4.9% during the 3rd quarter. Stifel Financial Corp now owns 169,063 shares of the company’s stock valued at $10,832,000 after buying an additional 7,832 shares during the period. DAVENPORT & Co LLC raised its position in shares of JPMorgan Active Value ETF by 79.7% during the 4th quarter. DAVENPORT & Co LLC now owns 37,081 shares of the company’s stock valued at $2,347,000 after buying an additional 16,448 shares during the period. Finally, Good Life Advisors LLC raised its position in shares of JPMorgan Active Value ETF by 74.6% during the 4th quarter. Good Life Advisors LLC now owns 11,342 shares of the company’s stock valued at $718,000 after buying an additional 4,846 shares during the period.

JPMorgan Active Value ETF Stock Performance

JAVA stock opened at $64.14 on Thursday. The firm has a market cap of $2.92 billion, a PE ratio of 20.00 and a beta of 0.84. JPMorgan Active Value ETF has a one year low of $56.72 and a one year high of $68.77. The firm’s 50 day moving average price is $65.22 and its 200-day moving average price is $64.98.

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.