LPL Financial LLC Increases Stake in JPMorgan Active Value ETF (NYSEARCA:JAVA)

LPL Financial LLC lifted its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 2.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,594,688 shares of the company’s stock after buying an additional 71,887 shares during the period. LPL Financial LLC owned 0.14% of JPMorgan Active Value ETF worth $166,242,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. BCGM Wealth Management LLC boosted its position in JPMorgan Active Value ETF by 8.9% during the 2nd quarter. BCGM Wealth Management LLC now owns 87,299 shares of the company’s stock valued at $5,173,000 after acquiring an additional 7,168 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of JPMorgan Active Value ETF by 61.3% during the 3rd quarter. Private Advisor Group LLC now owns 47,411 shares of the company’s stock worth $3,038,000 after purchasing an additional 18,021 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its position in JPMorgan Active Value ETF by 19.6% during the third quarter. Massmutual Trust Co. FSB ADV now owns 30,788 shares of the company’s stock valued at $1,973,000 after purchasing an additional 5,035 shares in the last quarter. Gateway Wealth Partners LLC grew its stake in JPMorgan Active Value ETF by 12.5% in the second quarter. Gateway Wealth Partners LLC now owns 7,626 shares of the company’s stock valued at $452,000 after purchasing an additional 850 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in JPMorgan Active Value ETF by 0.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 287,462 shares of the company’s stock worth $17,035,000 after purchasing an additional 1,684 shares in the last quarter.

JPMorgan Active Value ETF Stock Performance

NYSEARCA:JAVA opened at $67.38 on Friday. The company’s 50-day simple moving average is $64.79 and its 200-day simple moving average is $61.89. JPMorgan Active Value ETF has a fifty-two week low of $52.25 and a fifty-two week high of $67.57. The stock has a market capitalization of $1.29 billion, a P/E ratio of 19.49 and a beta of 0.76.

JPMorgan Active Value ETF Company 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.