Cetera Investment Advisers Has $48.09 Million Stock Holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Cetera Investment Advisers grew its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 2,965.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 811,564 shares of the company’s stock after purchasing an additional 785,087 shares during the quarter. Cetera Investment Advisers owned about 4.25% of JPMorgan Active Value ETF worth $48,093,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Strategic Financial Concepts LLC bought a new stake in JPMorgan Active Value ETF in the second quarter valued at about $27,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of JPMorgan Active Value ETF during the 2nd quarter worth about $82,000. Geneos Wealth Management Inc. bought a new stake in shares of JPMorgan Active Value ETF in the 1st quarter valued at about $95,000. Whittier Trust Co. of Nevada Inc. raised 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 acquiring an additional 1,125 shares during the period. Finally, Ignite Planners LLC bought a new position in JPMorgan Active Value ETF during the 1st quarter worth approximately $202,000.

JPMorgan Active Value ETF Stock Performance

Shares of NYSEARCA JAVA opened at $63.82 on Wednesday. JPMorgan Active Value ETF has a 52-week low of $48.47 and a 52-week high of $64.16. The stock has a market cap of $1.22 billion, a P/E ratio of 19.49 and a beta of 0.76. The firm has a 50 day moving average price of $61.93 and a 200 day moving average price of $60.18.

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.