Resolute Wealth Strategies LLC Has $3.95 Million Stock Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Resolute Wealth Strategies LLC lifted its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 1.1% in the fourth quarter, HoldingsChannel reports. The firm owned 62,365 shares of the company’s stock after purchasing an additional 702 shares during the period. JPMorgan Active Value ETF accounts for 2.0% of Resolute Wealth Strategies LLC’s holdings, making the stock its 17th biggest position. Resolute Wealth Strategies LLC’s holdings in JPMorgan Active Value ETF were worth $3,948,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farmers & Merchants Investments Inc. purchased a new position in JPMorgan Active Value ETF during the 4th quarter valued at about $25,000. Centricity Wealth Management LLC purchased a new position in JPMorgan Active Value ETF during the 4th quarter valued at about $39,000. LGT Financial Advisors LLC grew its stake in JPMorgan Active Value ETF by 53.9% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,151 shares of the company’s stock valued at $74,000 after acquiring an additional 403 shares in the last quarter. WR Wealth Planners LLC purchased a new position in JPMorgan Active Value ETF during the 4th quarter valued at about $115,000. Finally, Geneos Wealth Management Inc. grew its stake in JPMorgan Active Value ETF by 6.3% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,595 shares of the company’s stock valued at $164,000 after acquiring an additional 153 shares in the last quarter.

JPMorgan Active Value ETF Price Performance

NYSEARCA:JAVA opened at $65.32 on Tuesday. JPMorgan Active Value ETF has a fifty-two week low of $56.72 and a fifty-two week high of $68.77. The stock’s 50-day moving average is $65.32 and its two-hundred day moving average is $64.90. The stock has a market cap of $2.88 billion, a PE ratio of 20.60 and a beta of 0.84.

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.