Denver PWM LLC Raises Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Denver PWM LLC lifted its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 62.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 65,747 shares of the company’s stock after purchasing an additional 25,356 shares during the period. JPMorgan Active Value ETF accounts for 1.6% of Denver PWM LLC’s investment portfolio, making the stock its 18th biggest holding. Denver PWM LLC owned approximately 0.34% of JPMorgan Active Value ETF worth $4,162,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of JAVA. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Active Value ETF by 63.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,466 shares of the company’s stock worth $88,447,000 after purchasing an additional 534,561 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of JPMorgan Active Value ETF by 20.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,426,359 shares of the company’s stock worth $90,289,000 after purchasing an additional 246,794 shares during the last quarter. Tyler Stone Wealth Management increased its stake in shares of JPMorgan Active Value ETF by 149.0% during the 3rd quarter. Tyler Stone Wealth Management now owns 159,193 shares of the company’s stock worth $10,200,000 after purchasing an additional 95,252 shares during the last quarter. Exchange Traded Concepts LLC purchased a new stake in shares of JPMorgan Active Value ETF during the 4th quarter worth approximately $5,831,000. Finally, Orrstown Financial Services Inc. purchased a new stake in shares of JPMorgan Active Value ETF during the 4th quarter worth approximately $5,476,000.

JPMorgan Active Value ETF Stock Down 1.6 %

Shares of JAVA stock opened at $65.58 on Friday. JPMorgan Active Value ETF has a 12-month low of $56.72 and a 12-month high of $68.77. The firm has a market cap of $2.89 billion, a P/E ratio of 20.60 and a beta of 0.84. The company has a 50 day moving average of $65.16 and a 200-day moving average of $64.64.

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.