Alliance Wealth Advisors LLC Sells 1,098 Shares of JPMorgan Active Value ETF $JAVA

Alliance Wealth Advisors LLC lowered its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 12.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 7,852 shares of the company’s stock after selling 1,098 shares during the period. Alliance Wealth Advisors LLC’s holdings in JPMorgan Active Value ETF were worth $514,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in JPMorgan Active Value ETF by 31.3% during the first quarter. JPMorgan Chase & Co. now owns 13,430,674 shares of the company’s stock worth $853,385,000 after buying an additional 3,199,399 shares during the last quarter. Dynasty Wealth Management LLC acquired a new stake in JPMorgan Active Value ETF during the 1st quarter worth about $196,695,000. Sagespring Wealth Partners LLC bought a new position in shares of JPMorgan Active Value ETF in the 1st quarter worth about $178,162,000. LPL Financial LLC raised its position in shares of JPMorgan Active Value ETF by 37.0% in the 1st quarter. LPL Financial LLC now owns 3,877,878 shares of the company’s stock worth $246,400,000 after acquiring an additional 1,046,448 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan Active Value ETF by 465.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,189,600 shares of the company’s stock valued at $75,587,000 after purchasing an additional 979,103 shares during the period. 43.07% of the stock is owned by institutional investors.

JPMorgan Active Value ETF Price Performance

Shares of JPMorgan Active Value ETF stock opened at $68.76 on Tuesday. The stock’s 50-day moving average is $67.32 and its 200 day moving average is $64.60. JPMorgan Active Value ETF has a one year low of $55.51 and a one year high of $69.22. The firm has a market cap of $3.96 billion, a price-to-earnings ratio of -75.56 and a beta of 0.80.

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.