Concurrent Investment Advisors LLC Makes New $213,000 Investment in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Concurrent Investment Advisors LLC purchased a new stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,325 shares of the company’s stock, valued at approximately $213,000.

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in shares of JPMorgan Active Value ETF by 1.2% during the 2nd quarter. LPL Financial LLC now owns 2,522,801 shares of the company’s stock valued at $149,501,000 after purchasing an additional 30,609 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in JPMorgan Active Value ETF by 23.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 1,179,565 shares of the company’s stock worth $75,575,000 after acquiring an additional 223,478 shares during the last quarter. Cetera Investment Advisers increased its position in JPMorgan Active Value ETF by 2,965.2% in the 2nd quarter. Cetera Investment Advisers now owns 811,564 shares of the company’s stock valued at $48,093,000 after acquiring an additional 785,087 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of JPMorgan Active Value ETF by 15.1% during the second quarter. Commonwealth Equity Services LLC now owns 628,997 shares of the company’s stock valued at $37,274,000 after acquiring an additional 82,420 shares during the last quarter. Finally, Raymond James & Associates lifted its holdings in shares of JPMorgan Active Value ETF by 1.1% during the second quarter. Raymond James & Associates now owns 490,487 shares of the company’s stock worth $29,066,000 after purchasing an additional 5,482 shares during the period.

JPMorgan Active Value ETF Stock Up 0.7 %

Shares of NYSEARCA:JAVA opened at $67.39 on Tuesday. The business has a fifty day simple moving average of $64.05 and a 200 day simple moving average of $61.47. JPMorgan Active Value ETF has a 12-month low of $50.62 and a 12-month high of $67.57. The firm has a market cap of $1.29 billion, a P/E ratio of 19.49 and a beta of 0.76.

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.