JPMorgan Active Value ETF (NYSEARCA:JAVA) Shares Acquired by IFP Advisors Inc

IFP Advisors Inc boosted its holdings in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 5.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,396 shares of the company’s stock after purchasing an additional 580 shares during the period. IFP Advisors Inc’s holdings in JPMorgan Active Value ETF were worth $658,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. purchased a new stake in shares of JPMorgan Active Value ETF in the 4th quarter valued at approximately $25,000. Centricity Wealth Management LLC purchased a new stake in shares of JPMorgan Active Value ETF in the 4th quarter valued at approximately $39,000. LGT Financial Advisors LLC lifted its position in shares of JPMorgan Active Value ETF by 53.9% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,151 shares of the company’s stock valued at $74,000 after acquiring an additional 403 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of JPMorgan Active Value ETF by 6.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 2,595 shares of the company’s stock valued at $164,000 after acquiring an additional 153 shares in the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new stake in shares of JPMorgan Active Value ETF in the 3rd quarter valued at approximately $213,000.

JPMorgan Active Value ETF Stock Performance

Shares of NYSEARCA:JAVA opened at $66.03 on Friday. The company has a market cap of $2.91 billion, a PE ratio of 20.60 and a beta of 0.84. The firm has a 50 day simple moving average of $65.29 and a 200 day simple moving average of $64.81. JPMorgan Active Value ETF has a 52 week low of $56.72 and a 52 week high of $68.77.

About JPMorgan Active Value ETF

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.