Fagan Associates Inc. Raises Position in JPMorgan Active Value ETF $JAVA

Fagan Associates Inc. grew its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 13.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,948 shares of the company’s stock after acquiring an additional 7,141 shares during the period. Fagan Associates Inc.’s holdings in JPMorgan Active Value ETF were worth $4,203,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Wilmington Savings Fund Society FSB acquired a new stake in shares of JPMorgan Active Value ETF in the third quarter valued at $33,000. Total Investment Management Inc. acquired a new position in JPMorgan Active Value ETF during the 2nd quarter worth $40,000. Bank of Montreal Can grew its stake in JPMorgan Active Value ETF by 211.0% during the 2nd quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $48,000 after purchasing an additional 500 shares in the last quarter. Root Financial Partners LLC purchased a new stake in JPMorgan Active Value ETF during the 3rd quarter worth about $56,000. Finally, Pinnacle Bancorp Inc. increased its holdings in JPMorgan Active Value ETF by 11.6% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,438 shares of the company’s stock worth $99,000 after purchasing an additional 150 shares during the period. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

JAVA stock opened at $71.54 on Monday. The business’s 50-day moving average is $74.95 and its two-hundred day moving average is $71.60. The firm has a market capitalization of $5.43 billion, a P/E ratio of -78.62 and a beta of 0.81. JPMorgan Active Value ETF has a 1 year low of $55.51 and a 1 year high of $77.22.

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.