Western Wealth Management LLC Boosts Holdings in JPMorgan Active Value ETF $JAVA

Western Wealth Management LLC grew its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 26.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,050 shares of the company’s stock after acquiring an additional 12,845 shares during the quarter. Western Wealth Management LLC owned about 0.07% of JPMorgan Active Value ETF worth $4,380,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. NewEdge Advisors LLC grew its holdings in JPMorgan Active Value ETF by 1.7% in the first quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock valued at $933,000 after purchasing an additional 245 shares during the period. Creative Planning purchased a new position in JPMorgan Active Value ETF during the second quarter worth approximately $269,000. Flow Traders U.S. LLC acquired a new position in shares of JPMorgan Active Value ETF in the 2nd quarter valued at $324,000. Cary Street Partners Financial LLC boosted its holdings in shares of JPMorgan Active Value ETF by 13.3% in the 2nd quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock valued at $119,000 after purchasing an additional 212 shares during the last quarter. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of JPMorgan Active Value ETF during the 2nd quarter valued at $127,000. 43.07% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Stock Up 0.6%

JAVA stock opened at $80.86 on Friday. The company has a market cap of $6.95 billion, a price-to-earnings ratio of -88.86 and a beta of 0.78. The business has a fifty day simple moving average of $79.16 and a 200-day simple moving average of $76.19. JPMorgan Active Value ETF has a 52 week low of $64.40 and a 52 week high of $81.42.

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.