Perigon Wealth Management LLC Buys 17,861 Shares of JPMorgan Active Value ETF $JAVA

Perigon Wealth Management LLC increased its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 29.8% in the third quarter, Holdings Channel.com reports. The firm owned 77,872 shares of the company’s stock after buying an additional 17,861 shares during the quarter. Perigon Wealth Management LLC’s holdings in JPMorgan Active Value ETF were worth $5,370,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JAVA. Northwestern Mutual Wealth Management Co. increased its stake in shares of JPMorgan Active Value ETF by 440.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,533 shares of the company’s stock valued at $288,000 after buying an additional 3,694 shares during the period. Comerica Bank grew its holdings in JPMorgan Active Value ETF by 3.5% during the 1st quarter. Comerica Bank now owns 6,067 shares of the company’s stock worth $385,000 after acquiring an additional 203 shares during the last quarter. Royal Bank of Canada increased its position in JPMorgan Active Value ETF by 72.7% in the 1st quarter. Royal Bank of Canada now owns 548,240 shares of the company’s stock valued at $34,835,000 after acquiring an additional 230,852 shares during the period. NewEdge Advisors LLC raised its stake in shares of JPMorgan Active Value ETF by 1.7% during the first quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock valued at $933,000 after acquiring an additional 245 shares during the last quarter. Finally, Ascent Group LLC lifted its holdings in shares of JPMorgan Active Value ETF by 39.6% during the first quarter. Ascent Group LLC now owns 20,492 shares of the company’s stock worth $1,302,000 after purchasing an additional 5,814 shares during the period. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Up 0.1%

NYSEARCA JAVA opened at $72.68 on Monday. The company has a market capitalization of $4.51 billion, a price-to-earnings ratio of -79.87 and a beta of 0.81. JPMorgan Active Value ETF has a twelve month low of $55.51 and a twelve month high of $72.90. The stock has a fifty day simple moving average of $70.47 and a 200 day simple moving average of $68.21.

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.