Mutual Advisors LLC decreased its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) by 5.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 10,371 shares of the company’s stock after selling 607 shares during the period. Mutual Advisors LLC’s holdings in JPMorgan Active Value ETF were worth $695,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in JAVA. NorthRock Partners LLC acquired a new stake in shares of JPMorgan Active Value ETF in the first quarter valued at about $46,000. Ameritas Advisory Services LLC acquired a new stake in shares of JPMorgan Active Value ETF in the second quarter valued at about $48,000. N.E.W. Advisory Services LLC acquired a new stake in shares of JPMorgan Active Value ETF in the first quarter valued at about $51,000. Pinnacle Bancorp Inc. increased its stake in shares of JPMorgan Active Value ETF by 119.0% in 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 period. Finally, Atticus Wealth Management LLC acquired a new stake in shares of JPMorgan Active Value ETF in the second quarter valued at about $145,000. Institutional investors and hedge funds own 43.07% of the company’s stock.
JPMorgan Active Value ETF Price Performance
Shares of JPMorgan Active Value ETF stock opened at $68.54 on Friday. JPMorgan Active Value ETF has a one year low of $55.51 and a one year high of $69.83. The stock’s 50-day moving average is $68.09 and its 200 day moving average is $65.07. The firm has a market cap of $4.26 billion, a price-to-earnings ratio of -75.32 and a beta of 0.80.
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.
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