GeoWealth Management LLC Has $567,000 Holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA)

GeoWealth Management LLC cut its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 3.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,952 shares of the company’s stock after selling 310 shares during the quarter. GeoWealth Management LLC’s holdings in JPMorgan Active Value ETF were worth $567,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. CreativeOne Wealth LLC boosted its position in shares of JPMorgan Active Value ETF by 12.0% in the fourth quarter. CreativeOne Wealth LLC now owns 42,831 shares of the company’s stock worth $2,711,000 after buying an additional 4,582 shares during the period. 3Chopt Investment Partners LLC boosted its position in JPMorgan Active Value ETF by 11.7% during the 4th quarter. 3Chopt Investment Partners LLC now owns 24,841 shares of the company’s stock worth $1,572,000 after acquiring an additional 2,603 shares during the period. Raymond James Financial Inc. purchased a new position in JPMorgan Active Value ETF during the 4th quarter valued at about $32,941,000. Advisory Services Network LLC acquired a new position in shares of JPMorgan Active Value ETF in the 4th quarter valued at about $478,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Active Value ETF by 46.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 210,497 shares of the company’s stock worth $13,324,000 after purchasing an additional 66,350 shares in the last quarter.

JPMorgan Active Value ETF Stock Performance

JAVA stock opened at $59.58 on Monday. The stock has a market cap of $3.01 billion, a P/E ratio of 18.26 and a beta of 0.83. The firm has a 50 day simple moving average of $63.05 and a 200 day simple moving average of $64.67. JPMorgan Active Value ETF has a 52 week low of $55.51 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.