Steph & Co. Increases Stock Holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Steph & Co. increased its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 7.7% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 731,502 shares of the company’s stock after buying an additional 52,329 shares during the quarter. JPMorgan Active Value ETF comprises approximately 15.6% of Steph & Co.’s portfolio, making the stock its biggest position. Steph & Co.’s holdings in JPMorgan Active Value ETF were worth $46,304,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Active Value ETF by 63.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,466 shares of the company’s stock valued at $88,447,000 after buying an additional 534,561 shares during the period. Private Advisor Group LLC increased its position in JPMorgan Active Value ETF by 61.3% during the third quarter. Private Advisor Group LLC now owns 47,411 shares of the company’s stock valued at $3,038,000 after acquiring an additional 18,021 shares during the last quarter. Massmutual Trust Co. FSB ADV lifted its holdings in 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 acquiring an additional 5,035 shares during the period. Gateway Wealth Partners LLC boosted its position 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 worth $452,000 after purchasing an additional 850 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. grew its stake in shares of JPMorgan Active Value ETF by 5.2% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 24,170 shares of the company’s stock valued at $1,432,000 after purchasing an additional 1,198 shares during the period.

JPMorgan Active Value ETF Stock Up 1.3 %

Shares of NYSEARCA:JAVA opened at $64.94 on Thursday. The stock has a market capitalization of $1.24 billion, a PE ratio of 19.49 and a beta of 0.76. The firm’s 50 day moving average price is $65.72 and its 200-day moving average price is $63.53. JPMorgan Active Value ETF has a twelve month low of $54.11 and a twelve month high of $68.77.

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.