Heritage Wealth Management Inc. Invests $838,000 in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Heritage Wealth Management Inc. bought a new position in JPMorgan Active Value ETF (NYSEARCA:JAVA) in the 4th quarter, Holdings Channel.com reports. The firm bought 13,233 shares of the company’s stock, valued at approximately $838,000.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Geneos Wealth Management Inc. boosted its position in shares of JPMorgan Active Value ETF by 6.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,595 shares of the company’s stock worth $164,000 after buying an additional 153 shares during the period. Gladstone Institutional Advisory LLC boosted its position in shares of JPMorgan Active Value ETF by 5.6% in the third quarter. Gladstone Institutional Advisory LLC now owns 3,818 shares of the company’s stock worth $245,000 after buying an additional 203 shares during the period. Private Trust Co. NA boosted its position in shares of JPMorgan Active Value ETF by 11.8% in the fourth quarter. Private Trust Co. NA now owns 3,315 shares of the company’s stock worth $210,000 after buying an additional 350 shares during the period. J.W. Cole Advisors Inc. boosted its position in shares of JPMorgan Active Value ETF by 8.1% in the fourth quarter. J.W. Cole Advisors Inc. now owns 5,083 shares of the company’s stock worth $322,000 after buying an additional 379 shares during the period. Finally, Farmers & Merchants Investments Inc. purchased a new stake in shares of JPMorgan Active Value ETF in the fourth quarter worth about $25,000.

JPMorgan Active Value ETF Price Performance

Shares of NYSEARCA JAVA opened at $66.03 on Friday. JPMorgan Active Value ETF has a 1-year low of $56.72 and a 1-year high of $68.77. The business has a 50-day moving average of $65.29 and a 200-day moving average of $64.84. The company has a market capitalization of $2.91 billion, a price-to-earnings ratio of 20.60 and a beta of 0.84.

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.