RFG Advisory LLC Invests $1.74 Million in JPMorgan Active Value ETF $JAVA

RFG Advisory LLC bought a new stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 23,524 shares of the company’s stock, valued at approximately $1,741,000.

Several other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in JPMorgan Active Value ETF by 27.8% in the 4th quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock valued at $1,463,175,000 after purchasing an additional 4,437,690 shares during the last quarter. LPL Financial LLC increased its position in JPMorgan Active Value ETF by 9.3% during the fourth quarter. LPL Financial LLC now owns 6,262,663 shares of the company’s stock worth $449,158,000 after buying an additional 531,461 shares during the last quarter. Dynasty Wealth Management LLC raised its stake in JPMorgan Active Value ETF by 27.0% in the fourth quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock valued at $342,568,000 after buying an additional 1,014,584 shares during the period. Sagespring Wealth Partners LLC raised its stake in JPMorgan Active Value ETF by 9.2% in the fourth quarter. Sagespring Wealth Partners LLC now owns 4,199,747 shares of the company’s stock valued at $301,206,000 after buying an additional 355,013 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of JPMorgan Active Value ETF by 3.3% in the third quarter. Ameriprise Financial Inc. now owns 2,531,360 shares of the company’s stock valued at $174,520,000 after buying an additional 81,880 shares during the last quarter. 43.07% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Trading Down 0.6%

Shares of NYSEARCA JAVA opened at $79.00 on Friday. JPMorgan Active Value ETF has a 12 month low of $64.40 and a 12 month high of $80.33. The stock has a 50 day moving average of $77.04 and a 200-day moving average of $74.86. The company has a market capitalization of $6.95 billion, a P/E ratio of -86.81 and a beta of 0.78.

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.