Steph & Co. Has $51.85 Million Position in JPMorgan Active Value ETF $JAVA

Steph & Co. raised its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 2.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 751,859 shares of the company’s stock after purchasing an additional 19,133 shares during the quarter. JPMorgan Active Value ETF accounts for about 15.8% of Steph & Co.’s holdings, making the stock its biggest holding. Steph & Co. owned about 1.23% of JPMorgan Active Value ETF worth $51,848,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Comerica Bank raised its position in shares of JPMorgan Active Value ETF by 3.5% during the first quarter. Comerica Bank now owns 6,067 shares of the company’s stock worth $385,000 after acquiring an additional 203 shares during the last quarter. Cary Street Partners Financial LLC raised its position in shares of 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 purchasing an additional 212 shares during the period. NewEdge Advisors LLC lifted its stake in shares of JPMorgan Active Value ETF by 1.7% in the first quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock valued at $933,000 after buying an additional 245 shares in the last quarter. Clear Creek Financial Management LLC lifted its position in JPMorgan Active Value ETF by 2.2% in the 2nd quarter. Clear Creek Financial Management LLC now owns 13,369 shares of the company’s stock valued at $876,000 after acquiring an additional 290 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of JPMorgan Active Value ETF by 13.7% in the first quarter. Geneos Wealth Management Inc. now owns 2,950 shares of the company’s stock valued at $187,000 after purchasing an additional 355 shares in the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

NYSEARCA JAVA opened at $71.52 on Wednesday. JPMorgan Active Value ETF has a 1 year low of $55.51 and a 1 year high of $72.90. The firm has a market cap of $4.44 billion, a price-to-earnings ratio of -78.59 and a beta of 0.81. The company has a fifty day moving average price of $69.87 and a 200-day moving average price of $67.74.

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.