Nwam LLC Takes Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Nwam LLC bought a new position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 6,054 shares of the company’s stock, valued at approximately $388,000.

Other hedge funds have also added to or reduced their stakes in the company. Sugar Maple Asset Management LLC acquired a new position in shares of JPMorgan Active Value ETF during the 1st quarter worth approximately $778,000. Comerica Bank increased its holdings in JPMorgan Active Value ETF by 11.5% during the first quarter. Comerica Bank now owns 3,536 shares of the company’s stock worth $212,000 after buying an additional 364 shares during the last quarter. ARQ Wealth Advisors LLC raised its position in JPMorgan Active Value ETF by 7.7% during the first quarter. ARQ Wealth Advisors LLC now owns 116,579 shares of the company’s stock worth $6,982,000 after acquiring an additional 8,331 shares in the last quarter. Cetera Investment Advisers raised its position in JPMorgan Active Value ETF by 324.0% during the first quarter. Cetera Investment Advisers now owns 26,477 shares of the company’s stock worth $1,586,000 after acquiring an additional 20,233 shares in the last quarter. Finally, Transcend Capital Advisors LLC grew its position in shares of JPMorgan Active Value ETF by 19.5% in the 2nd quarter. Transcend Capital Advisors LLC now owns 6,845 shares of the company’s stock valued at $406,000 after acquiring an additional 1,115 shares during the period.

JPMorgan Active Value ETF Price Performance

JPMorgan Active Value ETF stock opened at $67.90 on Monday. The company’s 50-day moving average is $64.89 and its 200-day moving average is $62.00. The firm has a market capitalization of $1.30 billion, a PE ratio of 19.49 and a beta of 0.76. JPMorgan Active Value ETF has a fifty-two week low of $52.31 and a fifty-two week high of $67.93.

JPMorgan Active Value ETF Company 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.