495,706 Shares in JPMorgan Active Value ETF $JAVA Acquired by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC bought a new stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 495,706 shares of the company’s stock, valued at approximately $35,567,000. JPMorgan Active Value ETF makes up about 0.8% of Elevation Point Wealth Partners LLC’s investment portfolio, making the stock its 17th largest position.

Several other large investors have also recently bought and sold shares of JAVA. Moneco Advisors LLC raised its holdings in JPMorgan Active Value ETF by 1.6% in the fourth quarter. Moneco Advisors LLC now owns 9,300 shares of the company’s stock worth $667,000 after purchasing an additional 143 shares during the period. Private Trust Co. NA grew its holdings in shares of JPMorgan Active Value ETF by 1.2% in the 4th quarter. Private Trust Co. NA now owns 12,634 shares of the company’s stock valued at $906,000 after buying an additional 149 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in shares of JPMorgan Active Value ETF by 8.5% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,219 shares of the company’s stock valued at $165,000 after buying an additional 174 shares in the last quarter. Quotient Wealth Partners LLC increased its position in shares of JPMorgan Active Value ETF by 0.8% in the 4th quarter. Quotient Wealth Partners LLC now owns 24,169 shares of the company’s stock valued at $1,733,000 after buying an additional 198 shares in the last quarter. Finally, Cary Street Partners Financial LLC increased its position in shares of JPMorgan Active Value ETF by 13.3% in the 2nd quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock valued at $119,000 after buying an additional 212 shares in the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Trading Up 0.4%

Shares of JPMorgan Active Value ETF stock opened at $80.18 on Friday. The stock’s fifty day simple moving average is $77.40 and its 200 day simple moving average is $75.10. The company has a market capitalization of $6.74 billion, a PE ratio of -88.11 and a beta of 0.78. JPMorgan Active Value ETF has a 12 month low of $64.40 and a 12 month high of $80.47.

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.