Royal Bank of Canada Grows Holdings in JPMorgan Active Value ETF $JAVA

Royal Bank of Canada boosted its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 83.6% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,200,108 shares of the company’s stock after purchasing an additional 546,593 shares during the period. Royal Bank of Canada owned about 1.36% of JPMorgan Active Value ETF worth $86,107,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of 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 worth $1,463,175,000 after buying an additional 4,437,690 shares during the last quarter. LPL Financial LLC increased its position in shares of 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 valued at $449,158,000 after acquiring an additional 531,461 shares during the last quarter. Dynasty Wealth Management LLC lifted its holdings in JPMorgan Active Value ETF by 27.0% during the fourth quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock worth $342,568,000 after acquiring an additional 1,014,584 shares during the period. Ameriprise Financial Inc. boosted its position in 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 worth $174,520,000 after purchasing an additional 81,880 shares during the last quarter. Finally, Morgan Stanley grew its stake in JPMorgan Active Value ETF by 9.9% in the 4th quarter. Morgan Stanley now owns 1,793,105 shares of the company’s stock valued at $128,602,000 after purchasing an additional 161,648 shares during the period. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

Shares of NYSEARCA:JAVA opened at $81.56 on Friday. JPMorgan Active Value ETF has a 1 year low of $64.40 and a 1 year high of $81.81. The company has a market capitalization of $7.01 billion, a PE ratio of -89.63 and a beta of 0.78. The business has a fifty day moving average price of $79.25 and a two-hundred day moving average price of $76.23.

JPMorgan Active Value ETF 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.