WNY Asset Management LLC acquired a new stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 454,239 shares of the company’s stock, valued at approximately $32,592,000. JPMorgan Active Value ETF makes up 3.4% of WNY Asset Management LLC’s holdings, making the stock its 6th biggest holding.
Other institutional investors and hedge funds have also made changes to their positions in the company. Western Wealth Management LLC raised its position in shares of JPMorgan Active Value ETF by 26.6% in the 1st quarter. Western Wealth Management LLC now owns 61,050 shares of the company’s stock worth $4,380,000 after buying an additional 12,845 shares during the period. Bank of America Corp DE boosted its holdings in JPMorgan Active Value ETF by 117.0% in the first quarter. Bank of America Corp DE now owns 1,771,693 shares of the company’s stock valued at $127,119,000 after acquiring an additional 955,074 shares during the last quarter. Arkadios Wealth Advisors grew its position in JPMorgan Active Value ETF by 14.9% during the first quarter. Arkadios Wealth Advisors now owns 70,372 shares of the company’s stock valued at $5,049,000 after acquiring an additional 9,117 shares during the period. Royal Bank of Canada grew its position in JPMorgan Active Value ETF by 83.6% during the first quarter. Royal Bank of Canada now owns 1,200,108 shares of the company’s stock valued at $86,107,000 after acquiring an additional 546,593 shares during the period. Finally, Gateway Wealth Partners LLC increased its stake in JPMorgan Active Value ETF by 104.4% during the first quarter. Gateway Wealth Partners LLC now owns 11,390 shares of the company’s stock worth $817,000 after acquiring an additional 5,817 shares during the last quarter. 43.07% of the stock is currently owned by institutional investors and hedge funds.
JPMorgan Active Value ETF Price Performance
Shares of NYSEARCA:JAVA opened at $81.56 on Friday. The business has a 50-day moving average of $79.25 and a two-hundred day moving average of $76.23. The firm has a market capitalization of $7.01 billion, a PE ratio of -89.63 and a beta of 0.78. JPMorgan Active Value ETF has a 12 month low of $64.40 and a 12 month high of $81.81.
JPMorgan Active Value ETF Company 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.
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