Centerline Wealth Advisors LLC boosted its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) by 5.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 305,286 shares of the company’s stock after acquiring an additional 15,684 shares during the period. JPMorgan Active Value ETF comprises approximately 7.6% of Centerline Wealth Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. Centerline Wealth Advisors LLC’s holdings in JPMorgan Active Value ETF were worth $24,243,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in JAVA. International Assets Investment Management LLC purchased a new stake in shares of JPMorgan Active Value ETF during the 4th quarter worth approximately $32,000. Quadrant Capital Group LLC purchased a new position in shares of JPMorgan Active Value ETF in the fourth quarter valued at $32,000. Wilmington Savings Fund Society FSB purchased a new position in shares of JPMorgan Active Value ETF in the third quarter valued at $33,000. Greenline Wealth Management LLC bought a new stake in JPMorgan Active Value ETF in the fourth quarter worth $45,000. Finally, Compass Financial Management LLC bought a new stake in JPMorgan Active Value ETF in the second quarter worth $103,000. Hedge funds and other institutional investors own 43.07% of the company’s stock.
JPMorgan Active Value ETF Stock Down 0.7%
JPMorgan Active Value ETF stock opened at $82.23 on Wednesday. JPMorgan Active Value ETF has a 52-week low of $67.14 and a 52-week high of $84.06. The firm’s fifty day moving average is $81.82 and its 200 day moving average is $77.70. The company has a market cap of $7.04 billion, a price-to-earnings ratio of -90.36 and a beta of 0.77.
About JPMorgan Active Value ETF
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.
Featured Articles
- Five stocks we like better than JPMorgan Active Value ETF
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Want to see what other hedge funds are holding JAVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report).
Receive News & Ratings for JPMorgan Active Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Active Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
