CI Investments Inc. Boosts Stock Holdings in JPMorgan Active Value ETF $JAVA

CI Investments Inc. boosted its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 27.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 547,918 shares of the company’s stock after purchasing an additional 119,600 shares during the period. CI Investments Inc.’s holdings in JPMorgan Active Value ETF were worth $39,313,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new position in shares of JPMorgan Active Value ETF during the 4th quarter worth approximately $32,000. Quadrant Capital Group LLC purchased a new stake in shares of JPMorgan Active Value ETF in the fourth quarter valued at approximately $32,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of JPMorgan Active Value ETF in the third quarter valued at approximately $33,000. Fairway Wealth LLC acquired a new position in JPMorgan Active Value ETF during the fourth quarter worth $37,000. Finally, Greenline Wealth Management LLC acquired a new position in JPMorgan Active Value ETF during the fourth quarter worth $45,000. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

NYSEARCA:JAVA opened at $80.17 on Wednesday. JPMorgan Active Value ETF has a 1 year low of $64.40 and a 1 year high of $81.01. The stock has a fifty day moving average price of $78.54 and a two-hundred day moving average price of $75.85. The stock has a market capitalization of $6.75 billion, a price-to-earnings ratio of -88.10 and a beta of 0.78.

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.