Vestmark Advisory Solutions Inc. lifted its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) by 10.0% during the fourth quarter, Holdings Channel reports. The fund owned 625,136 shares of the company’s stock after purchasing an additional 56,663 shares during the quarter. JPMorgan Active Value ETF comprises 0.6% of Vestmark Advisory Solutions Inc.’s portfolio, making the stock its 28th biggest holding. Vestmark Advisory Solutions Inc.’s holdings in JPMorgan Active Value ETF were worth $44,835,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in the stock. Commonwealth Financial Services LLC boosted its stake in shares of JPMorgan Active Value ETF by 5.7% during the fourth quarter. Commonwealth Financial Services LLC now owns 132,576 shares of the company’s stock valued at $9,508,000 after acquiring an additional 7,199 shares during the last quarter. Intellus Advisors LLC boosted its stake in JPMorgan Active Value ETF by 1.6% in the 4th quarter. Intellus Advisors LLC now owns 476,628 shares of the company’s stock worth $34,184,000 after buying an additional 7,389 shares during the last quarter. Resolute Wealth Strategies LLC boosted its stake in JPMorgan Active Value ETF by 6.2% in the 4th quarter. Resolute Wealth Strategies LLC now owns 106,360 shares of the company’s stock worth $7,628,000 after buying an additional 6,244 shares during the last quarter. Global Retirement Partners LLC boosted its stake in JPMorgan Active Value ETF by 9.8% in the 4th quarter. Global Retirement Partners LLC now owns 87,835 shares of the company’s stock worth $6,300,000 after buying an additional 7,817 shares during the last quarter. Finally, Fortis Group Advisors LLC acquired a new stake in JPMorgan Active Value ETF in the 4th quarter worth about $3,194,000. Institutional investors and hedge funds own 43.07% of the company’s stock.
JPMorgan Active Value ETF Trading Up 0.2%
Shares of NYSEARCA:JAVA opened at $76.26 on Friday. The stock’s 50-day moving average price is $73.99 and its two-hundred day moving average price is $73.39. JPMorgan Active Value ETF has a 12-month low of $61.76 and a 12-month high of $77.22. The firm has a market cap of $6.71 billion, a price-to-earnings ratio of -83.80 and a beta of 0.79.
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.
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