Atticus Wealth Management LLC Takes Position in JPMorgan Active Value ETF $JAVA

Atticus Wealth Management LLC purchased a new stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 2,207 shares of the company’s stock, valued at approximately $145,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. boosted 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 valued at $853,385,000 after buying an additional 3,199,399 shares in the last quarter. Dynasty Wealth Management LLC bought a new position in shares of JPMorgan Active Value ETF during the 1st quarter valued at about $196,695,000. Sagespring Wealth Partners LLC acquired a new position in shares of JPMorgan Active Value ETF in the 1st quarter worth approximately $178,162,000. LPL Financial LLC grew its stake 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 purchasing an additional 1,046,448 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings 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 worth $75,587,000 after purchasing an additional 979,103 shares in the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Up 0.4%

JAVA opened at $69.00 on Friday. The firm has a market cap of $3.98 billion, a PE ratio of -75.82 and a beta of 0.80. The business has a fifty day simple moving average of $66.99 and a 200-day simple moving average of $64.33. JPMorgan Active Value ETF has a fifty-two week low of $55.51 and a fifty-two week high of $69.22.

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.