Merited Wealth LLC Raises Stock Position in JPMorgan Active Value ETF $JAVA

Merited Wealth LLC grew its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 115.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,233 shares of the company’s stock after acquiring an additional 16,707 shares during the period. JPMorgan Active Value ETF comprises about 1.9% of Merited Wealth LLC’s holdings, making the stock its 22nd biggest position. Merited Wealth LLC’s holdings in JPMorgan Active Value ETF were worth $2,241,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of JAVA. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Active Value ETF by 27.8% in the 4th quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock worth $1,463,175,000 after acquiring an additional 4,437,690 shares during the period. LPL Financial LLC increased its stake in 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 valued at $449,158,000 after purchasing an additional 531,461 shares in the last quarter. Dynasty Wealth Management LLC raised its holdings in JPMorgan Active Value ETF by 27.0% during the fourth quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock worth $342,568,000 after purchasing an additional 1,014,584 shares during the last quarter. Sagespring Wealth Partners LLC raised its holdings in JPMorgan Active Value ETF by 9.2% during the fourth quarter. Sagespring Wealth Partners LLC now owns 4,199,747 shares of the company’s stock worth $301,206,000 after purchasing an additional 355,013 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in JPMorgan Active Value ETF by 3.3% during the third quarter. Ameriprise Financial Inc. now owns 2,531,360 shares of the company’s stock worth $174,520,000 after purchasing an additional 81,880 shares in the last quarter. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

JPMorgan Active Value ETF stock opened at $79.83 on Thursday. JPMorgan Active Value ETF has a fifty-two week low of $64.40 and a fifty-two week high of $80.33. The firm has a market capitalization of $6.71 billion, a price-to-earnings ratio of -87.73 and a beta of 0.78. The stock’s fifty day moving average is $77.30 and its two-hundred day moving average is $75.05.

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.