Janney Montgomery Scott LLC Acquires 30,629 Shares of JPMorgan Active Value ETF $JAVA

Janney Montgomery Scott LLC boosted its holdings in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 2.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,589,943 shares of the company’s stock after purchasing an additional 30,629 shares during the period. Janney Montgomery Scott LLC’s holdings in JPMorgan Active Value ETF were worth $114,031,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Analysts LLC lifted its holdings in JPMorgan Active Value ETF by 2.6% in the 4th quarter. Capital Analysts LLC now owns 116,375 shares of the company’s stock worth $8,346,000 after buying an additional 2,980 shares during the period. LPL Financial LLC grew its position in shares of JPMorgan Active Value ETF by 9.3% in the 4th quarter. LPL Financial LLC now owns 6,262,663 shares of the company’s stock worth $449,158,000 after buying an additional 531,461 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Active Value ETF by 27.8% during the fourth quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock valued at $1,463,175,000 after buying an additional 4,437,690 shares during the period. J.W. Cole Advisors Inc. increased its stake in shares of JPMorgan Active Value ETF by 3.6% during the fourth quarter. J.W. Cole Advisors Inc. now owns 7,746 shares of the company’s stock valued at $556,000 after buying an additional 266 shares during the period. Finally, Convergence Financial LLC raised its holdings in shares of JPMorgan Active Value ETF by 1.2% during the fourth quarter. Convergence Financial LLC now owns 361,450 shares of the company’s stock valued at $25,923,000 after acquiring an additional 4,418 shares in the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Down 1.5%

Shares of JAVA stock opened at $76.69 on Thursday. The firm has a market capitalization of $6.75 billion, a price-to-earnings ratio of -84.27 and a beta of 0.78. The stock has a fifty day moving average of $75.62 and a 200 day moving average of $74.18. JPMorgan Active Value ETF has a 52 week low of $63.67 and a 52 week high of $78.52.

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.