Thoroughbred Financial Services LLC Buys 1,185 Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA)

Thoroughbred Financial Services LLC raised its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 23.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,317 shares of the company’s stock after purchasing an additional 1,185 shares during the period. Thoroughbred Financial Services LLC’s holdings in JPMorgan Active Value ETF were worth $374,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Strategic Financial Concepts LLC acquired a new position in shares of JPMorgan Active Value ETF in the 2nd quarter worth approximately $27,000. Ashton Thomas Private Wealth LLC acquired a new position in JPMorgan Active Value ETF during the 2nd quarter worth $82,000. Geneos Wealth Management Inc. acquired a new position in shares of JPMorgan Active Value ETF in the 1st quarter valued at $95,000. Whittier Trust Co. of Nevada Inc. increased its position in shares of JPMorgan Active Value ETF by 91.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 2,351 shares of the company’s stock valued at $141,000 after buying an additional 1,125 shares in the last quarter. Finally, Ignite Planners LLC acquired a new position in JPMorgan Active Value ETF during the 1st quarter worth approximately $202,000.

JPMorgan Active Value ETF Price Performance

Shares of JAVA stock opened at $63.14 on Tuesday. JPMorgan Active Value ETF has a one year low of $48.47 and a one year high of $63.22. The company has a fifty day moving average price of $61.31 and a two-hundred day moving average price of $59.75. The stock has a market cap of $1.21 billion, a P/E ratio of 19.49 and a beta of 0.76.

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.