BCGM Wealth Management LLC Purchases 53,005 Shares of JPMorgan Active Value ETF $JAVA

BCGM Wealth Management LLC boosted its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 33.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 210,296 shares of the company’s stock after acquiring an additional 53,005 shares during the quarter. JPMorgan Active Value ETF accounts for about 3.8% of BCGM Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position. BCGM Wealth Management LLC’s holdings in JPMorgan Active Value ETF were worth $15,082,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Active Value ETF by 15.1% in the third quarter. JPMorgan Chase & Co. now owns 15,963,524 shares of the company’s stock valued at $1,100,845,000 after acquiring an additional 2,098,043 shares during the last quarter. Dynasty Wealth Management LLC lifted its position in JPMorgan Active Value ETF by 26.1% during the 3rd quarter. Dynasty Wealth Management LLC now owns 3,761,884 shares of the company’s stock valued at $259,420,000 after purchasing an additional 778,258 shares during the period. Sagespring Wealth Partners LLC lifted its holdings in JPMorgan Active Value ETF by 25.2% in the third quarter. Sagespring Wealth Partners LLC now owns 3,844,734 shares of the company’s stock valued at $265,133,000 after buying an additional 775,005 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of JPMorgan Active Value ETF by 13.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,449,480 shares of the company’s stock valued at $160,457,000 after purchasing an additional 286,808 shares during the period. Finally, Private Advisor Group LLC lifted its stake in JPMorgan Active Value ETF by 148.9% in the third quarter. Private Advisor Group LLC now owns 455,729 shares of the company’s stock valued at $31,427,000 after buying an additional 272,658 shares during the period. 43.07% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Stock Down 0.9%

Shares of NYSEARCA JAVA opened at $70.88 on Friday. JPMorgan Active Value ETF has a twelve month low of $55.51 and a twelve month high of $77.22. The stock has a market cap of $5.38 billion, a price-to-earnings ratio of -77.89 and a beta of 0.81. The company’s fifty day moving average is $74.73 and its 200-day moving average is $71.68.

About JPMorgan Active Value ETF

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.