Signature Estate & Investment Advisors LLC Invests $577,000 in JPMorgan Active Value ETF $JAVA

Signature Estate & Investment Advisors LLC bought a new position in JPMorgan Active Value ETF (NYSEARCA:JAVA) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 8,813 shares of the company’s stock, valued at approximately $577,000.

Several other large investors have also made changes to their positions in JAVA. Wealth Enhancement Advisory Services LLC grew its holdings in shares of JPMorgan Active Value ETF by 1.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 29,068 shares of the company’s stock worth $1,847,000 after purchasing an additional 509 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in JPMorgan Active Value ETF during the 1st quarter worth about $421,000. Cambridge Investment Research Advisors Inc. grew its holdings in JPMorgan Active Value ETF by 352.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 100,834 shares of the company’s stock worth $6,407,000 after acquiring an additional 78,547 shares during the last quarter. Oppenheimer & Co. Inc. bought a new stake in JPMorgan Active Value ETF during the 1st quarter worth about $328,000. Finally, Mascagni Wealth Management Inc. grew its holdings in JPMorgan Active Value ETF by 7.3% during the 1st quarter. Mascagni Wealth Management Inc. now owns 29,040 shares of the company’s stock worth $1,838,000 after acquiring an additional 1,972 shares during the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Up 1.1%

Shares of NYSEARCA:JAVA opened at $69.31 on Tuesday. JPMorgan Active Value ETF has a 12 month low of $55.51 and a 12 month high of $69.83. The company’s 50-day moving average price is $68.18 and its two-hundred day moving average price is $65.18. The firm has a market cap of $4.31 billion, a P/E ratio of -76.16 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.