Commonwealth Financial Services LLC Raises Stake in JPMorgan Active Value ETF $JAVA

Commonwealth Financial Services LLC raised its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 8.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 112,198 shares of the company’s stock after purchasing an additional 8,952 shares during the quarter. JPMorgan Active Value ETF accounts for about 1.4% of Commonwealth Financial Services LLC’s investment portfolio, making the stock its 21st largest position. Commonwealth Financial Services LLC owned approximately 0.20% of JPMorgan Active Value ETF worth $7,349,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. NorthRock Partners LLC purchased a new position in JPMorgan Active Value ETF during the first quarter valued at approximately $46,000. Ameritas Advisory Services LLC bought a new stake in shares of JPMorgan Active Value ETF during the second quarter valued at approximately $48,000. N.E.W. Advisory Services LLC bought a new stake in shares of JPMorgan Active Value ETF during the first quarter valued at approximately $51,000. Pinnacle Bancorp Inc. raised its position in shares of JPMorgan Active Value ETF by 119.0% during the second quarter. Pinnacle Bancorp Inc. now owns 1,288 shares of the company’s stock valued at $84,000 after buying an additional 700 shares during the last quarter. Finally, Atticus Wealth Management LLC bought a new stake in shares of JPMorgan Active Value ETF during the second quarter valued at approximately $145,000. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

JPMorgan Active Value ETF stock opened at $67.15 on Friday. The stock has a market cap of $4.09 billion, a P/E ratio of -73.79 and a beta of 0.80. JPMorgan Active Value ETF has a 1 year low of $55.51 and a 1 year high of $69.83. The firm’s 50 day moving average price is $67.77 and its 200-day moving average price is $64.90.

JPMorgan Active Value ETF Company 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.