Raymond James & Associates Acquires 1,092 Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA)

Raymond James & Associates increased its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 0.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 491,579 shares of the company’s stock after purchasing an additional 1,092 shares during the period. Raymond James & Associates’ holdings in JPMorgan Active Value ETF were worth $31,495,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC increased its stake in shares of JPMorgan Active Value ETF by 1.2% in the second quarter. LPL Financial LLC now owns 2,522,801 shares of the company’s stock valued at $149,501,000 after buying an additional 30,609 shares in the last quarter. Cetera Investment Advisers increased its position in JPMorgan Active Value ETF by 2,965.2% in the 2nd quarter. Cetera Investment Advisers now owns 811,564 shares of the company’s stock valued at $48,093,000 after acquiring an additional 785,087 shares in the last quarter. Janney Montgomery Scott LLC increased its position in JPMorgan Active Value ETF by 21.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 745,094 shares of the company’s stock valued at $44,624,000 after acquiring an additional 129,523 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of JPMorgan Active Value ETF by 15.1% in the second quarter. Commonwealth Equity Services LLC now owns 628,997 shares of the company’s stock worth $37,274,000 after acquiring an additional 82,420 shares during the last quarter. Finally, Daymark Wealth Partners LLC lifted its position in shares of JPMorgan Active Value ETF by 34.2% during the third quarter. Daymark Wealth Partners LLC now owns 326,323 shares of the company’s stock worth $20,907,000 after purchasing an additional 83,078 shares in the last quarter.

JPMorgan Active Value ETF Stock Performance

NYSEARCA:JAVA opened at $64.77 on Thursday. The stock’s fifty day moving average price is $63.30 and its two-hundred day moving average price is $60.79. The company has a market cap of $1.24 billion, a price-to-earnings ratio of 19.49 and a beta of 0.76. JPMorgan Active Value ETF has a 52-week low of $48.47 and a 52-week high of $65.60.

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.