Cetera Investment Advisers Buys 63,523 Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA)

Cetera Investment Advisers lifted its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 7.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 973,029 shares of the company’s stock after acquiring an additional 63,523 shares during the period. Cetera Investment Advisers owned approximately 5.09% of JPMorgan Active Value ETF worth $61,593,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. purchased a new position in shares of JPMorgan Active Value ETF during the 4th quarter valued at about $25,000. Centricity Wealth Management LLC purchased a new position in JPMorgan Active Value ETF in the 4th quarter worth $39,000. Assetmark Inc. lifted its stake in JPMorgan Active Value ETF by 2,402.6% in the fourth quarter. Assetmark Inc. now owns 976 shares of the company’s stock worth $62,000 after purchasing an additional 937 shares during the last quarter. Cary Street Partners Financial LLC purchased a new stake in JPMorgan Active Value ETF during the fourth quarter valued at about $101,000. Finally, WR Wealth Planners LLC purchased a new position in shares of JPMorgan Active Value ETF in the fourth quarter worth about $115,000.

JPMorgan Active Value ETF Price Performance

Shares of JAVA stock opened at $61.88 on Wednesday. The business has a 50-day moving average of $61.86 and a 200 day moving average of $64.37. The stock has a market capitalization of $3.28 billion, a PE ratio of 18.56 and a beta of 0.83. JPMorgan Active Value ETF has a 1-year low of $55.51 and a 1-year high of $68.77.

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.