Envestnet Asset Management Inc. Buys 20,278 Shares of JPMorgan Active Value ETF $JAVA

Envestnet Asset Management Inc. raised its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 1.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,223,471 shares of the company’s stock after buying an additional 20,278 shares during the quarter. Envestnet Asset Management Inc.’s holdings in JPMorgan Active Value ETF were worth $84,371,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of JAVA. Gill Capital Partners LLC grew its position in JPMorgan Active Value ETF by 13.8% during the third quarter. Gill Capital Partners LLC now owns 147,320 shares of the company’s stock worth $10,159,000 after buying an additional 17,813 shares in the last quarter. Americana Partners LLC boosted its position in shares of JPMorgan Active Value ETF by 1.6% during the 3rd quarter. Americana Partners LLC now owns 546,561 shares of the company’s stock valued at $37,691,000 after acquiring an additional 8,718 shares during the last quarter. Perigon Wealth Management LLC grew its holdings in shares of JPMorgan Active Value ETF by 29.8% during the third quarter. Perigon Wealth Management LLC now owns 77,872 shares of the company’s stock worth $5,370,000 after purchasing an additional 17,861 shares in the last quarter. Ascent Group LLC increased its position in shares of JPMorgan Active Value ETF by 122.6% in the third quarter. Ascent Group LLC now owns 47,740 shares of the company’s stock worth $3,292,000 after purchasing an additional 26,290 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in JPMorgan Active Value ETF by 5.9% in the second quarter. Cetera Investment Advisers now owns 1,192,349 shares of the company’s stock valued at $78,099,000 after purchasing an additional 66,558 shares in the last quarter. 43.07% of the stock is currently owned by institutional investors.

JPMorgan Active Value ETF Price Performance

Shares of JPMorgan Active Value ETF stock opened at $76.84 on Friday. JPMorgan Active Value ETF has a 1 year low of $55.51 and a 1 year high of $76.99. The firm has a market cap of $5.84 billion, a PE ratio of -84.44 and a beta of 0.81. The company has a 50 day simple moving average of $73.35 and a two-hundred day simple moving average of $70.04.

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.