JPMorgan Active Value ETF (NYSEARCA:JAVA) is Convergence Financial LLC’s 10th Largest Position

Convergence Financial LLC grew its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 6.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 307,397 shares of the company’s stock after acquiring an additional 18,145 shares during the period. JPMorgan Active Value ETF comprises 3.9% of Convergence Financial LLC’s investment portfolio, making the stock its 10th biggest holding. Convergence Financial LLC owned approximately 1.61% of JPMorgan Active Value ETF worth $19,458,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in JPMorgan Active Value ETF by 63.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,466 shares of the company’s stock valued at $88,447,000 after purchasing an additional 534,561 shares during the last quarter. Harbour Investments Inc. boosted its position in shares of JPMorgan Active Value ETF by 37.9% during the third quarter. Harbour Investments Inc. now owns 36,478 shares of the company’s stock worth $2,337,000 after buying an additional 10,024 shares during the period. Farther Finance Advisors LLC grew its stake in shares of JPMorgan Active Value ETF by 45.6% in the third quarter. Farther Finance Advisors LLC now owns 9,752 shares of the company’s stock valued at $625,000 after buying an additional 3,052 shares in the last quarter. FSM Wealth Advisors LLC raised its holdings in shares of JPMorgan Active Value ETF by 12.2% in the 3rd quarter. FSM Wealth Advisors LLC now owns 330,597 shares of the company’s stock valued at $21,181,000 after buying an additional 35,956 shares during the period. Finally, Stifel Financial Corp lifted its stake in JPMorgan Active Value ETF by 4.9% during the 3rd quarter. Stifel Financial Corp now owns 169,063 shares of the company’s stock worth $10,832,000 after acquiring an additional 7,832 shares in the last quarter.

JPMorgan Active Value ETF Price Performance

Shares of JPMorgan Active Value ETF stock opened at $65.44 on Thursday. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 20.60 and a beta of 0.84. The business has a 50-day moving average of $65.20 and a 200 day moving average of $64.77. JPMorgan Active Value ETF has a 12 month low of $56.72 and a 12 month high of $68.77.

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.