Bay Colony Advisory Group Inc d b a Bay Colony Advisors Acquires Shares of 23,650 JPMorgan Active Value ETF $JAVA

Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) during the 3rd quarter, Holdings Channel.com reports. The fund bought 23,650 shares of the company’s stock, valued at approximately $1,631,000.

A number of other large investors have also modified their holdings of JAVA. Visionary Horizons LLC purchased a new stake in shares of JPMorgan Active Value ETF in the third quarter valued at approximately $350,000. Gladstone Institutional Advisory LLC raised its position in JPMorgan Active Value ETF by 3.7% in the third quarter. Gladstone Institutional Advisory LLC now owns 45,761 shares of the company’s stock worth $3,156,000 after acquiring an additional 1,638 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in JPMorgan Active Value ETF by 52.5% in the third quarter. Geneos Wealth Management Inc. now owns 5,435 shares of the company’s stock valued at $375,000 after acquiring an additional 1,871 shares during the period. Worth Financial Advisory Group LLC boosted its position in shares of JPMorgan Active Value ETF by 17.3% during the 3rd quarter. Worth Financial Advisory Group LLC now owns 11,101 shares of the company’s stock worth $766,000 after purchasing an additional 1,636 shares in the last quarter. Finally, Daymark Wealth Partners LLC boosted its position in shares of JPMorgan Active Value ETF by 6.6% during the 3rd quarter. Daymark Wealth Partners LLC now owns 371,570 shares of the company’s stock worth $25,623,000 after purchasing an additional 23,040 shares in the last quarter. 43.07% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Stock Up 0.6%

NYSEARCA:JAVA opened at $74.44 on Friday. The firm’s fifty day simple moving average is $71.19 and its 200-day simple moving average is $68.77. The stock has a market cap of $5.42 billion, a PE ratio of -81.80 and a beta of 0.81. JPMorgan Active Value ETF has a fifty-two week low of $55.51 and a fifty-two week high of $74.53.

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.