Apella Capital LLC Invests $556,000 in JPMorgan Active Value ETF $JAVA

Apella Capital LLC bought a new position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 7,360 shares of the company’s stock, valued at approximately $556,000.

Other hedge funds have also added to or reduced their stakes in the company. BCGM Wealth Management LLC increased its position in shares of JPMorgan Active Value ETF by 5.2% in the third quarter. BCGM Wealth Management LLC now owns 157,291 shares of the company’s stock valued at $10,847,000 after acquiring an additional 7,742 shares during the last quarter. Arlington Financial Advisors LLC raised its holdings in JPMorgan Active Value ETF by 3.0% during the fourth quarter. Arlington Financial Advisors LLC now owns 362,453 shares of the company’s stock worth $25,995,000 after acquiring an additional 10,481 shares in the last quarter. Fortis Group Advisors LLC acquired a new position in JPMorgan Active Value ETF during the fourth quarter valued at approximately $3,194,000. Steph & Co. boosted its position in JPMorgan Active Value ETF by 9.4% during the fourth quarter. Steph & Co. now owns 822,317 shares of the company’s stock valued at $58,977,000 after purchasing an additional 70,458 shares during the last quarter. Finally, FSM Wealth Advisors LLC grew its stake in JPMorgan Active Value ETF by 4.4% in the fourth quarter. FSM Wealth Advisors LLC now owns 471,363 shares of the company’s stock valued at $33,806,000 after purchasing an additional 19,662 shares in the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Down 0.6%

NYSEARCA:JAVA opened at $79.00 on Friday. JPMorgan Active Value ETF has a twelve month low of $64.40 and a twelve month high of $80.33. The firm has a market capitalization of $6.95 billion, a price-to-earnings ratio of -86.81 and a beta of 0.78. The stock’s 50 day moving average price is $77.04 and its two-hundred day moving average price is $74.86.

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.