Janney Montgomery Scott LLC Acquires Shares of 1,458,706 JPMorgan Active Value ETF $JAVA

Janney Montgomery Scott LLC acquired a new stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,458,706 shares of the company’s stock, valued at approximately $115,836,000. Janney Montgomery Scott LLC owned about 1.70% of JPMorgan Active Value ETF at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Moneco Advisors LLC grew its stake in JPMorgan Active Value ETF by 1.6% during the fourth quarter. Moneco Advisors LLC now owns 9,300 shares of the company’s stock valued at $667,000 after acquiring an additional 143 shares in the last quarter. Private Trust Co. NA lifted its stake in JPMorgan Active Value ETF by 1.2% in the 4th quarter. Private Trust Co. NA now owns 12,634 shares of the company’s stock worth $906,000 after purchasing an additional 149 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of JPMorgan Active Value ETF by 8.5% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,219 shares of the company’s stock valued at $165,000 after purchasing an additional 174 shares during the last quarter. Cary Street Partners Financial LLC boosted its holdings in shares of JPMorgan Active Value ETF by 13.3% during the 2nd quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock valued at $119,000 after purchasing an additional 212 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of JPMorgan Active Value ETF by 1.7% during the first quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock valued at $933,000 after purchasing an additional 245 shares in the last quarter. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Trading Up 0.0%

Shares of JAVA stock opened at $83.84 on Friday. JPMorgan Active Value ETF has a 12-month low of $66.44 and a 12-month high of $84.06. The stock’s 50-day moving average price is $80.44 and its 200-day moving average price is $76.85. The stock has a market capitalization of $7.18 billion, a price-to-earnings ratio of -92.13 and a beta of 0.77.

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.