JPMorgan Active Value ETF $JAVA Stake Boosted by Unique Wealth LLC

Unique Wealth LLC lifted its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 17.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 470,589 shares of the company’s stock after acquiring an additional 71,532 shares during the quarter. JPMorgan Active Value ETF makes up 4.3% of Unique Wealth LLC’s portfolio, making the stock its 3rd biggest holding. Unique Wealth LLC owned 0.55% of JPMorgan Active Value ETF worth $37,370,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of JAVA. JPMorgan Chase & Co. boosted its position in JPMorgan Active Value ETF by 27.8% during the fourth quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock valued at $1,463,175,000 after purchasing an additional 4,437,690 shares during the last quarter. OpenArc Corporate Advisory LLC acquired a new position in JPMorgan Active Value ETF in the 4th quarter worth about $116,506,000. Janney Montgomery Scott LLC purchased a new stake in shares of JPMorgan Active Value ETF during the 2nd quarter worth about $115,836,000. Dynasty Wealth Management LLC raised its stake in shares of JPMorgan Active Value ETF by 27.0% during the 4th quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock worth $342,568,000 after purchasing an additional 1,014,584 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of JPMorgan Active Value ETF by 117.0% during the 1st quarter. Bank of America Corp DE now owns 1,771,693 shares of the company’s stock worth $127,119,000 after purchasing an additional 955,074 shares in the last quarter. 43.07% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Price Performance

Shares of JPMorgan Active Value ETF stock opened at $82.84 on Friday. The firm has a market cap of $7.09 billion, a price-to-earnings ratio of -91.03 and a beta of 0.77. The stock has a 50-day simple moving average of $81.70 and a 200-day simple moving average of $77.60. JPMorgan Active Value ETF has a 52-week low of $67.14 and a 52-week high of $84.06.

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.