Cyndeo Wealth Partners LLC Grows Position in JPMorgan Active Value ETF $JAVA

Cyndeo Wealth Partners LLC grew its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 35.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 63,926 shares of the company’s stock after buying an additional 16,653 shares during the period. Cyndeo Wealth Partners LLC’s holdings in JPMorgan Active Value ETF were worth $4,585,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in JAVA. NewEdge Advisors LLC increased its stake in shares of JPMorgan Active Value ETF by 1.7% in the first quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock worth $933,000 after purchasing an additional 245 shares in the last quarter. Bank of Montreal Can grew its position in shares of JPMorgan Active Value ETF by 211.0% during the second quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $48,000 after purchasing an additional 500 shares in the last quarter. Creative Planning bought a new stake in JPMorgan Active Value ETF during the 2nd quarter valued at approximately $269,000. JPMorgan Chase & Co. lifted its holdings in JPMorgan Active Value ETF by 3.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 13,865,481 shares of the company’s stock worth $908,189,000 after purchasing an additional 434,807 shares in the last quarter. Finally, Intellus Advisors LLC lifted its holdings in JPMorgan Active Value ETF by 2.5% in the 2nd quarter. Intellus Advisors LLC now owns 460,972 shares of the company’s stock worth $30,194,000 after purchasing an additional 11,130 shares in the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

JAVA stock opened at $70.88 on Friday. JPMorgan Active Value ETF has a 1-year low of $55.51 and a 1-year high of $77.22. The business has a 50 day simple moving average of $74.73 and a two-hundred day simple moving average of $71.70. The company has a market capitalization of $5.38 billion, a price-to-earnings ratio of -77.89 and a beta of 0.81.

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.