JPMorgan Active Value ETF $JAVA is Sagespring Wealth Partners LLC’s 9th Largest Position

Sagespring Wealth Partners LLC boosted its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 25.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,844,734 shares of the company’s stock after purchasing an additional 775,005 shares during the quarter. JPMorgan Active Value ETF makes up approximately 2.2% of Sagespring Wealth Partners LLC’s investment portfolio, making the stock its 9th largest holding. Sagespring Wealth Partners LLC owned about 0.06% of JPMorgan Active Value ETF worth $265,133,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. WBH Advisory Inc. grew its position in shares of JPMorgan Active Value ETF by 18.7% in the 3rd quarter. WBH Advisory Inc. now owns 24,697 shares of the company’s stock worth $1,703,000 after buying an additional 3,885 shares during the last quarter. Twin Peaks Wealth Advisors LLC boosted its stake in JPMorgan Active Value ETF by 1.6% in the third quarter. Twin Peaks Wealth Advisors LLC now owns 10,682 shares of the company’s stock valued at $737,000 after acquiring an additional 171 shares in the last quarter. Triad Wealth Partners LLC boosted its stake in JPMorgan Active Value ETF by 20.6% in the third quarter. Triad Wealth Partners LLC now owns 40,351 shares of the company’s stock valued at $2,783,000 after acquiring an additional 6,884 shares in the last quarter. Shared Vision Wealth Group LLC purchased a new position in JPMorgan Active Value ETF in the third quarter worth $205,000. Finally, Dynasty Wealth Management LLC increased its position in shares of JPMorgan Active Value ETF by 26.1% during the third quarter. Dynasty Wealth Management LLC now owns 3,761,884 shares of the company’s stock worth $259,420,000 after purchasing an additional 778,258 shares in the last quarter. 43.07% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Trading Down 0.5%

Shares of JAVA opened at $74.77 on Friday. The firm has a market cap of $5.62 billion, a PE ratio of -82.16 and a beta of 0.81. JPMorgan Active Value ETF has a 12 month low of $55.51 and a 12 month high of $75.46. The stock has a fifty day moving average price of $72.16 and a 200-day moving average price of $69.40.

About JPMorgan Active Value ETF

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.