Exchange Traded Concepts LLC Invests $5.83 Million in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Exchange Traded Concepts LLC acquired a new stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 92,112 shares of the company’s stock, valued at approximately $5,831,000.

Several other hedge funds have also recently bought and sold shares of the company. Gladstone Institutional Advisory LLC grew its position in JPMorgan Active Value ETF by 5.6% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 3,818 shares of the company’s stock valued at $245,000 after acquiring an additional 203 shares in the last quarter. Ignite Planners LLC grew its holdings in shares of JPMorgan Active Value ETF by 7.3% in the third quarter. Ignite Planners LLC now owns 4,311 shares of the company’s stock valued at $276,000 after purchasing an additional 294 shares in the last quarter. LGT Financial Advisors LLC increased its stake in JPMorgan Active Value ETF by 53.9% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,151 shares of the company’s stock worth $74,000 after buying an additional 403 shares during the period. D.A. Davidson & CO. lifted its holdings in JPMorgan Active Value ETF by 1.5% during the 3rd quarter. D.A. Davidson & CO. now owns 29,425 shares of the company’s stock worth $1,885,000 after buying an additional 433 shares in the last quarter. Finally, Gateway Wealth Partners LLC boosted its position in JPMorgan Active Value ETF by 12.5% in the 2nd quarter. Gateway Wealth Partners LLC now owns 7,626 shares of the company’s stock valued at $452,000 after buying an additional 850 shares during the period.

JPMorgan Active Value ETF Stock Down 0.1 %

NYSEARCA:JAVA opened at $66.44 on Friday. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 19.49 and a beta of 0.76. JPMorgan Active Value ETF has a 52 week low of $55.14 and a 52 week high of $68.77. The company has a fifty day simple moving average of $65.61 and a two-hundred day simple moving average of $63.84.

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.