Global Retirement Partners LLC acquired a new position in JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) in the second quarter, HoldingsChannel reports. The institutional investor acquired 34,310 shares of the company’s stock, valued at approximately $2,725,000.
Several other institutional investors have also recently added to or reduced their stakes in JAVA. NewEdge Advisors LLC lifted its position in shares of JPMorgan Active Value ETF by 1.7% in the 1st quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock worth $933,000 after buying an additional 245 shares during the last quarter. Creative Planning bought a new stake in shares of JPMorgan Active Value ETF during the 2nd quarter valued at about $269,000. Flow Traders U.S. LLC acquired a new stake in JPMorgan Active Value ETF during the second quarter worth about $324,000. Cary Street Partners Financial LLC raised its stake in JPMorgan Active Value ETF by 13.3% during the second quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock worth $119,000 after acquiring an additional 212 shares during the period. Finally, Qube Research & Technologies Ltd acquired a new stake in JPMorgan Active Value ETF during the second quarter worth about $127,000. Institutional investors own 43.07% of the company’s stock.
JPMorgan Active Value ETF Price Performance
Shares of NYSEARCA JAVA opened at $83.84 on Monday. The firm’s 50-day moving average price is $80.44 and its two-hundred day moving average price is $76.86. JPMorgan Active Value ETF has a 52-week low of $66.44 and a 52-week high of $84.06. The stock has a market capitalization of $7.18 billion, a P/E ratio of -92.13 and a beta of 0.77.
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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