JPMorgan Active Value ETF (NYSEARCA:JAVA) Shares Acquired by Raymond James & Associates

Raymond James & Associates increased its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 0.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 491,579 shares of the company’s stock after purchasing an additional 1,092 shares during the quarter. Raymond James & Associates owned approximately 2.57% of JPMorgan Active Value ETF worth $31,495,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. BCGM Wealth Management LLC raised its holdings in JPMorgan Active Value ETF by 8.9% in the 2nd quarter. BCGM Wealth Management LLC now owns 87,299 shares of the company’s stock valued at $5,173,000 after acquiring an additional 7,168 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its position in shares of JPMorgan Active Value ETF by 19.6% in the third quarter. Massmutual Trust Co. FSB ADV now owns 30,788 shares of the company’s stock valued at $1,973,000 after purchasing an additional 5,035 shares during the period. Gateway Wealth Partners LLC increased its stake in JPMorgan Active Value ETF by 12.5% in the second quarter. Gateway Wealth Partners LLC now owns 7,626 shares of the company’s stock valued at $452,000 after purchasing an additional 850 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in JPMorgan Active Value ETF by 0.6% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 287,462 shares of the company’s stock worth $17,035,000 after buying an additional 1,684 shares during the period. Finally, Strategic Financial Concepts LLC acquired a new stake in JPMorgan Active Value ETF in the 2nd quarter worth about $27,000.

JPMorgan Active Value ETF Price Performance

JAVA opened at $64.77 on Thursday. JPMorgan Active Value ETF has a 12 month low of $48.47 and a 12 month high of $65.60. The business has a 50-day moving average of $63.30 and a two-hundred day moving average of $60.79. The stock has a market capitalization of $1.24 billion, a price-to-earnings 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.