Integrated Wealth Concepts LLC Raises Stake in JPMorgan Active Value ETF $JAVA

Integrated Wealth Concepts LLC boosted its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 3,615.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 255,839 shares of the company’s stock after buying an additional 248,953 shares during the period. Integrated Wealth Concepts LLC’s holdings in JPMorgan Active Value ETF were worth $17,643,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JAVA. Fagan Associates Inc. increased its position in shares of JPMorgan Active Value ETF by 13.3% in the third quarter. Fagan Associates Inc. now owns 60,948 shares of the company’s stock worth $4,203,000 after acquiring an additional 7,141 shares in the last quarter. Focus Partners Wealth raised its stake in shares of JPMorgan Active Value ETF by 6.5% in the 3rd quarter. Focus Partners Wealth now owns 408,401 shares of the company’s stock valued at $28,163,000 after acquiring an additional 24,823 shares during the period. Bank of America Corp DE lifted its holdings in shares of JPMorgan Active Value ETF by 25.2% during the 3rd quarter. Bank of America Corp DE now owns 833,848 shares of the company’s stock valued at $57,502,000 after acquiring an additional 167,776 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of JPMorgan Active Value ETF by 3.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,531,360 shares of the company’s stock valued at $174,520,000 after acquiring an additional 81,880 shares in the last quarter. Finally, Creative Planning boosted its position in JPMorgan Active Value ETF by 32.5% during the 3rd quarter. Creative Planning now owns 5,450 shares of the company’s stock worth $376,000 after purchasing an additional 1,337 shares during the period. 43.07% of the stock is owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Trading Up 0.8%

Shares of NYSEARCA JAVA opened at $72.14 on Tuesday. JPMorgan Active Value ETF has a 12-month low of $55.51 and a 12-month high of $77.22. The company has a market cap of $5.48 billion, a P/E ratio of -79.27 and a beta of 0.81. The stock has a fifty day moving average price of $74.93 and a 200 day moving average price of $71.63.

JPMorgan Active Value ETF 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.