Gill Capital Partners LLC raised its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) by 14.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 168,758 shares of the company’s stock after purchasing an additional 21,438 shares during the quarter. JPMorgan Active Value ETF makes up approximately 3.7% of Gill Capital Partners LLC’s investment portfolio, making the stock its 8th largest holding. Gill Capital Partners LLC owned approximately 0.22% of JPMorgan Active Value ETF worth $12,103,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in JPMorgan Active Value ETF by 15.1% during 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 during the period. Sagespring Wealth Partners LLC grew its position in shares of JPMorgan Active Value ETF by 9.2% during the 4th quarter. Sagespring Wealth Partners LLC now owns 4,199,747 shares of the company’s stock worth $301,206,000 after buying an additional 355,013 shares during the period. Ameriprise Financial Inc. grew its position in shares of JPMorgan Active Value ETF by 3.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,531,360 shares of the company’s stock worth $174,520,000 after buying an additional 81,880 shares during the period. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Active Value ETF by 1.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,223,471 shares of the company’s stock worth $84,371,000 after buying an additional 20,278 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in shares of JPMorgan Active Value ETF by 0.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,035,606 shares of the company’s stock worth $74,274,000 after buying an additional 6,654 shares during the period. Institutional investors and hedge funds own 43.07% of the company’s stock.
JPMorgan Active Value ETF Price Performance
Shares of JAVA stock opened at $77.51 on Monday. The company has a market cap of $6.82 billion, a price-to-earnings ratio of -85.18 and a beta of 0.79. JPMorgan Active Value ETF has a 52 week low of $62.29 and a 52 week high of $77.73. The firm has a 50 day moving average of $74.61 and a 200-day moving average of $73.72.
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.
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