Commonwealth Financial Services LLC Increases Stock Position in JPMorgan Active Value ETF $JAVA

Commonwealth Financial Services LLC raised its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 5.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 132,576 shares of the company’s stock after purchasing an additional 7,199 shares during the quarter. JPMorgan Active Value ETF accounts for about 1.6% of Commonwealth Financial Services LLC’s holdings, making the stock its 18th biggest position. Commonwealth Financial Services LLC owned approximately 0.17% of JPMorgan Active Value ETF worth $9,508,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. increased its stake in JPMorgan Active Value ETF by 15.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 15,963,524 shares of the company’s stock valued at $1,100,845,000 after purchasing an additional 2,098,043 shares in the last quarter. Sagespring Wealth Partners LLC increased its stake in JPMorgan Active Value ETF by 25.2% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 3,844,734 shares of the company’s stock valued at $265,133,000 after purchasing an additional 775,005 shares in the last quarter. Ameriprise Financial Inc. increased its stake in 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 in the last quarter. Private Advisor Group LLC boosted its position in shares of JPMorgan Active Value ETF by 148.9% in the 3rd quarter. Private Advisor Group LLC now owns 455,729 shares of the company’s stock worth $31,427,000 after buying an additional 272,658 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in shares of JPMorgan Active Value ETF by 3,615.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 255,839 shares of the company’s stock worth $17,643,000 after buying an additional 248,953 shares in the last quarter. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Up 0.2%

JPMorgan Active Value ETF stock opened at $76.26 on Friday. JPMorgan Active Value ETF has a 52 week low of $61.76 and a 52 week high of $77.22. The firm’s 50-day simple moving average is $73.99 and its 200 day simple moving average is $73.39. The firm has a market capitalization of $6.71 billion, a PE ratio of -83.80 and a beta of 0.79.

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.