Belpointe Asset Management LLC Buys 594 Shares of JPMorgan Active Value ETF $JAVA

Belpointe Asset Management LLC increased its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 6.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,197 shares of the company’s stock after purchasing an additional 594 shares during the period. Belpointe Asset Management LLC’s holdings in JPMorgan Active Value ETF were worth $602,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. PUREfi Wealth LLC increased its position in JPMorgan Active Value ETF by 75.3% in the second quarter. PUREfi Wealth LLC now owns 11,696 shares of the company’s stock worth $766,000 after purchasing an additional 5,023 shares during the last quarter. DAVENPORT & Co LLC increased its position in JPMorgan Active Value ETF by 6.8% in the second quarter. DAVENPORT & Co LLC now owns 88,564 shares of the company’s stock worth $5,801,000 after purchasing an additional 5,643 shares during the last quarter. Gemmer Asset Management LLC increased its position in JPMorgan Active Value ETF by 3.1% in the second quarter. Gemmer Asset Management LLC now owns 81,380 shares of the company’s stock worth $5,330,000 after purchasing an additional 2,455 shares during the last quarter. Firethorn Wealth Partners LLC increased its position in JPMorgan Active Value ETF by 9.5% in the second quarter. Firethorn Wealth Partners LLC now owns 7,871 shares of the company’s stock worth $516,000 after purchasing an additional 684 shares during the last quarter. Finally, Ascent Group LLC increased its position in JPMorgan Active Value ETF by 4.7% in the second quarter. Ascent Group LLC now owns 21,450 shares of the company’s stock worth $1,405,000 after purchasing an additional 958 shares during the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

Shares of JAVA opened at $68.69 on Friday. The company’s fifty day moving average is $67.73 and its 200 day moving average is $64.88. JPMorgan Active Value ETF has a fifty-two week low of $55.51 and a fifty-two week high of $69.83. The stock has a market capitalization of $4.19 billion, a PE ratio of -75.48 and a beta of 0.80.

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.