JPMorgan Active Value ETF $JAVA Shares Sold by Private Wealth Partners LLC

Private Wealth Partners LLC lessened its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 56.7% in the third quarter, HoldingsChannel.com reports. The firm owned 5,700 shares of the company’s stock after selling 7,450 shares during the quarter. Private Wealth Partners LLC’s holdings in JPMorgan Active Value ETF were worth $393,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new position in JPMorgan Active Value ETF during the third quarter worth about $33,000. Total Investment Management Inc. purchased a new stake in shares of JPMorgan Active Value ETF during the 2nd quarter worth approximately $40,000. Ameritas Advisory Services LLC acquired a new stake in shares of JPMorgan Active Value ETF in the 2nd quarter worth approximately $48,000. Bank of Montreal Can grew its holdings in shares of JPMorgan Active Value ETF by 211.0% in the 2nd quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $48,000 after acquiring an additional 500 shares during the period. Finally, Root Financial Partners LLC purchased a new position in JPMorgan Active Value ETF in the 3rd quarter valued at approximately $56,000. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

Shares of JAVA stock opened at $74.97 on Friday. The stock has a fifty day moving average price of $72.81 and a 200 day moving average price of $69.68. The stock has a market cap of $5.61 billion, a PE ratio of -82.38 and a beta of 0.81. JPMorgan Active Value ETF has a 1 year low of $55.51 and a 1 year high of $75.63.

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.