Rehmann Capital Advisory Group acquired a new stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 10,066 shares of the company’s stock, valued at approximately $722,000.
Other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in JPMorgan Active Value ETF in the 4th quarter worth about $32,000. Quadrant Capital Group LLC bought a new position in shares of JPMorgan Active Value ETF in the fourth quarter worth approximately $32,000. Wilmington Savings Fund Society FSB bought a new position in shares of JPMorgan Active Value ETF in the third quarter worth approximately $33,000. Fairway Wealth LLC purchased a new stake in shares of JPMorgan Active Value ETF during the fourth quarter valued at approximately $37,000. Finally, Greenline Wealth Management LLC bought a new stake in shares of JPMorgan Active Value ETF during the fourth quarter valued at approximately $45,000. 43.07% of the stock is owned by institutional investors.
JPMorgan Active Value ETF Stock Performance
JAVA stock opened at $79.40 on Monday. The stock’s 50 day simple moving average is $76.57 and its 200 day simple moving average is $74.61. JPMorgan Active Value ETF has a 12-month low of $63.74 and a 12-month high of $80.33. The stock has a market capitalization of $6.99 billion, a PE ratio of -87.25 and a beta of 0.78.
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.
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