Ignite Planners LLC Has $617,000 Stock Position in JPMorgan Active Value ETF $JAVA

Ignite Planners LLC boosted its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 11.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,311 shares of the company’s stock after purchasing an additional 942 shares during the period. Ignite Planners LLC’s holdings in JPMorgan Active Value ETF were worth $617,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of JAVA. JPMorgan Chase & Co. raised its holdings 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 JPMorgan Active Value ETF during the first quarter valued at about $196,695,000. Sagespring Wealth Partners LLC bought a new position in JPMorgan Active Value ETF during the first quarter valued at about $178,162,000. LPL Financial LLC increased its stake in JPMorgan Active Value ETF by 37.0% during the first quarter. LPL Financial LLC now owns 3,877,878 shares of the company’s stock valued at $246,400,000 after acquiring an additional 1,046,448 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in JPMorgan Active Value ETF by 465.1% during the first quarter. Envestnet Asset Management Inc. now owns 1,189,600 shares of the company’s stock valued at $75,587,000 after purchasing an additional 979,103 shares in the last quarter. 43.07% of the stock is currently owned by institutional investors.

JPMorgan Active Value ETF Trading Up 0.2%

NYSEARCA JAVA opened at $69.20 on Thursday. The stock’s 50 day moving average is $67.67 and its two-hundred day moving average is $64.85. The company has a market capitalization of $4.23 billion, a price-to-earnings ratio of -76.04 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.

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.