Triangle Securities Wealth Management Has $17.81 Million Position in JPMorgan Active Value ETF $JAVA

Triangle Securities Wealth Management boosted its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 3.1% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 248,192 shares of the company’s stock after buying an additional 7,534 shares during the period. JPMorgan Active Value ETF makes up 4.0% of Triangle Securities Wealth Management’s portfolio, making the stock its largest holding. Triangle Securities Wealth Management’s holdings in JPMorgan Active Value ETF were worth $17,808,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of JAVA. Fairvoy Private Wealth LLC lifted its position in JPMorgan Active Value ETF by 49.0% during the first quarter. Fairvoy Private Wealth LLC now owns 20,762 shares of the company’s stock worth $1,490,000 after acquiring an additional 6,831 shares during the last quarter. RFG Advisory LLC acquired a new position in shares of JPMorgan Active Value ETF in the first quarter valued at approximately $1,741,000. Apella Capital LLC acquired a new position in shares of JPMorgan Active Value ETF in the first quarter valued at approximately $556,000. Steph & Co. grew its position in shares of JPMorgan Active Value ETF by 11.2% in the first quarter. Steph & Co. now owns 914,389 shares of the company’s stock valued at $65,607,000 after purchasing an additional 92,072 shares during the last quarter. Finally, AdvisorNet Financial Inc increased its stake in shares of JPMorgan Active Value ETF by 16.2% during the first quarter. AdvisorNet Financial Inc now owns 8,241 shares of the company’s stock worth $591,000 after purchasing an additional 1,148 shares during the period. 43.07% of the stock is owned by institutional investors.

JPMorgan Active Value ETF Trading Up 0.9%

NYSEARCA:JAVA opened at $79.51 on Friday. The stock has a market cap of $7.00 billion, a P/E ratio of -87.37 and a beta of 0.78. The stock has a 50 day simple moving average of $76.95 and a 200 day simple moving average of $74.83. JPMorgan Active Value ETF has a 1-year low of $64.40 and a 1-year high of $80.33.

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.