42,603 Shares in JPMorgan Active Value ETF $JAVA Bought by Fortis Group Advisors LLC

Fortis Group Advisors LLC bought a new position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 42,603 shares of the company’s stock, valued at approximately $3,194,000. Fortis Group Advisors LLC owned about 0.06% of JPMorgan Active Value ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JAVA. JPMorgan Chase & Co. grew its stake in JPMorgan Active Value ETF by 15.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 15,963,524 shares of the company’s stock worth $1,100,845,000 after buying an additional 2,098,043 shares during the last quarter. Sagespring Wealth Partners LLC lifted its position in JPMorgan Active Value ETF by 25.2% during the 3rd quarter. Sagespring Wealth Partners LLC now owns 3,844,734 shares of the company’s stock worth $265,133,000 after acquiring an additional 775,005 shares during the period. Ameriprise Financial Inc. lifted its position in JPMorgan Active Value ETF by 13.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,449,480 shares of the company’s stock worth $160,457,000 after acquiring an additional 286,808 shares during the period. Private Advisor Group LLC lifted its position in JPMorgan Active Value ETF by 148.9% during the 3rd quarter. Private Advisor Group LLC now owns 455,729 shares of the company’s stock worth $31,427,000 after acquiring an additional 272,658 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its position in JPMorgan Active Value ETF by 3,615.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 255,839 shares of the company’s stock worth $17,643,000 after acquiring an additional 248,953 shares during the period. 43.07% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Stock Performance

Shares of JAVA opened at $76.08 on Thursday. The stock has a 50-day moving average of $73.92 and a two-hundred day moving average of $73.34. JPMorgan Active Value ETF has a one year low of $61.76 and a one year high of $77.22. The stock has a market cap of $6.70 billion, a P/E ratio of -83.60 and a beta of 0.79.

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.