PNC Financial Services Group Inc. Reduces Holdings in JPMorgan Active Value ETF $JAVA

PNC Financial Services Group Inc. trimmed its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 0.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,030,558 shares of the company’s stock after selling 1,997 shares during the quarter. PNC Financial Services Group Inc. owned approximately 1.81% of JPMorgan Active Value ETF worth $67,502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Worth Financial Advisory Group LLC raised its holdings in JPMorgan Active Value ETF by 6.0% during the 2nd quarter. Worth Financial Advisory Group LLC now owns 9,465 shares of the company’s stock valued at $620,000 after buying an additional 535 shares during the last quarter. Atria Wealth Solutions Inc. grew its holdings in JPMorgan Active Value ETF by 51.2% in the 1st quarter. Atria Wealth Solutions Inc. now owns 33,292 shares of the company’s stock worth $2,115,000 after acquiring an additional 11,275 shares during the last quarter. Ignite Planners LLC increased its position in shares of JPMorgan Active Value ETF by 75.5% in the first quarter. Ignite Planners LLC now owns 8,369 shares of the company’s stock valued at $516,000 after acquiring an additional 3,601 shares during the period. Summit Wealth & Retirement Planning Inc. purchased a new position in shares of JPMorgan Active Value ETF in the first quarter valued at about $202,000. Finally, Avior Wealth Management LLC raised its stake in shares of JPMorgan Active Value ETF by 4.7% during the second quarter. Avior Wealth Management LLC now owns 1,061,689 shares of the company’s stock valued at $69,541,000 after acquiring an additional 47,642 shares during the last quarter. 43.07% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Trading Down 1.3%

JPMorgan Active Value ETF stock opened at $69.87 on Friday. The firm has a market cap of $4.34 billion, a P/E ratio of -76.78 and a beta of 0.81. JPMorgan Active Value ETF has a 1-year low of $55.51 and a 1-year high of $71.06. The firm has a 50-day moving average of $68.98 and a 200-day moving average of $66.41.

JPMorgan Active Value ETF Company 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.