WealthPlan Investment Management LLC Sells 35,452 Shares of JPMorgan Active Value ETF $JAVA

WealthPlan Investment Management LLC lessened its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 9.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 345,482 shares of the company’s stock after selling 35,452 shares during the quarter. JPMorgan Active Value ETF makes up approximately 1.3% of WealthPlan Investment Management LLC’s holdings, making the stock its 21st largest position. WealthPlan Investment Management LLC’s holdings in JPMorgan Active Value ETF were worth $27,542,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Unique Wealth LLC boosted its holdings in JPMorgan Active Value ETF by 40.2% in the first quarter. Unique Wealth LLC now owns 399,057 shares of the company’s stock valued at $28,632,000 after purchasing an additional 114,440 shares in the last quarter. Triad Wealth Partners LLC increased its stake in JPMorgan Active Value ETF by 12.9% in the first quarter. Triad Wealth Partners LLC now owns 69,375 shares of the company’s stock valued at $4,978,000 after purchasing an additional 7,906 shares during the last quarter. Global Retirement Partners LLC purchased a new position in JPMorgan Active Value ETF in the second quarter valued at approximately $2,725,000. Kestra Advisory Services LLC boosted its holdings in shares of JPMorgan Active Value ETF by 3.5% in the 1st quarter. Kestra Advisory Services LLC now owns 616,428 shares of the company’s stock valued at $44,229,000 after buying an additional 20,932 shares in the last quarter. Finally, Triangle Securities Wealth Management boosted its holdings in shares of JPMorgan Active Value ETF by 3.1% in the 1st quarter. Triangle Securities Wealth Management now owns 248,192 shares of the company’s stock valued at $17,808,000 after buying an additional 7,534 shares in the last quarter. 43.07% of the stock is owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Trading Up 0.8%

Shares of NYSEARCA JAVA traded up $0.64 during mid-day trading on Thursday, reaching $82.08. The company had a trading volume of 364,335 shares, compared to its average volume of 449,135. JPMorgan Active Value ETF has a 52-week low of $67.77 and a 52-week high of $84.06. The stock has a market cap of $7.20 billion, a P/E ratio of -90.20 and a beta of 0.78. The firm has a 50 day simple moving average of $82.04 and a two-hundred day simple moving average of $79.08.

About JPMorgan Active Value ETF

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.