Firethorn Wealth Partners LLC Boosts Stock Position in JPMorgan Active Value ETF $JAVA

Firethorn Wealth Partners LLC lifted its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 9.5% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 7,871 shares of the company’s stock after buying an additional 684 shares during the quarter. Firethorn Wealth Partners LLC’s holdings in JPMorgan Active Value ETF were worth $516,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Comerica Bank raised its holdings in shares of JPMorgan Active Value ETF by 3.5% in the 1st quarter. Comerica Bank now owns 6,067 shares of the company’s stock valued at $385,000 after buying an additional 203 shares during the period. Stratos Wealth Partners LTD. raised its holdings in shares of JPMorgan Active Value ETF by 3.7% in the 1st quarter. Stratos Wealth Partners LTD. now owns 6,754 shares of the company’s stock valued at $429,000 after buying an additional 241 shares during the period. NewEdge Advisors LLC raised its holdings in shares of JPMorgan Active Value ETF by 1.7% in the 1st quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock valued at $933,000 after buying an additional 245 shares during the period. IFP Advisors Inc raised its holdings in shares of JPMorgan Active Value ETF by 2.7% in the 1st quarter. IFP Advisors Inc now owns 10,675 shares of the company’s stock valued at $678,000 after buying an additional 279 shares during the period. Finally, Geneos Wealth Management Inc. raised its holdings in shares of JPMorgan Active Value ETF by 13.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,950 shares of the company’s stock valued at $187,000 after buying an additional 355 shares during the period. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Trading Up 0.5%

JAVA stock opened at $69.46 on Friday. The company has a market capitalization of $4.25 billion, a PE ratio of -76.33 and a beta of 0.80. JPMorgan Active Value ETF has a 12-month low of $55.51 and a 12-month high of $69.83. The business’s fifty day moving average price is $67.50 and its 200 day moving average price is $64.74.

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.