Avaii Wealth Management LLC Acquires 4,122 Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA)

Avaii Wealth Management LLC increased its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 2.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 167,826 shares of the company’s stock after purchasing an additional 4,122 shares during the period. JPMorgan Active Value ETF makes up 5.2% of Avaii Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. Avaii Wealth Management LLC’s holdings in JPMorgan Active Value ETF were worth $10,623,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in shares of JPMorgan Active Value ETF by 75.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 88,170 shares of the company’s stock valued at $5,225,000 after purchasing an additional 37,829 shares during the period. Ascent Group LLC boosted its stake in JPMorgan Active Value ETF by 15.7% in the 2nd quarter. Ascent Group LLC now owns 13,904 shares of the company’s stock valued at $824,000 after buying an additional 1,884 shares in the last quarter. Gateway Wealth Partners LLC boosted its stake in JPMorgan Active Value ETF by 12.5% in the 2nd quarter. Gateway Wealth Partners LLC now owns 7,626 shares of the company’s stock valued at $452,000 after buying an additional 850 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in JPMorgan Active Value ETF in the second quarter valued at $238,000. Finally, 3Chopt Investment Partners LLC raised its stake in JPMorgan Active Value ETF by 19.9% during the second quarter. 3Chopt Investment Partners LLC now owns 18,750 shares of the company’s stock worth $1,111,000 after acquiring an additional 3,111 shares in the last quarter.

JPMorgan Active Value ETF Stock Performance

Shares of NYSEARCA JAVA opened at $66.44 on Friday. The business has a fifty day moving average of $65.61 and a two-hundred day moving average of $63.87. JPMorgan Active Value ETF has a 52-week low of $55.14 and a 52-week high of $68.77. The stock has a market cap of $1.27 billion, a PE 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.