Weil Company Inc. Decreases Stake in JPMorgan Active Value ETF $JAVA

Weil Company Inc. lessened its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 8.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 133,785 shares of the company’s stock after selling 12,341 shares during the quarter. JPMorgan Active Value ETF comprises approximately 2.2% of Weil Company Inc.’s holdings, making the stock its 12th biggest position. Weil Company Inc.’s holdings in JPMorgan Active Value ETF were worth $9,226,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new stake in JPMorgan Active Value ETF during the third quarter worth $33,000. Total Investment Management Inc. purchased a new stake in shares of JPMorgan Active Value ETF during the 2nd quarter valued at $40,000. Bank of Montreal Can raised its stake in shares of JPMorgan Active Value ETF by 211.0% during the 2nd quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $48,000 after purchasing an additional 500 shares during the period. Root Financial Partners LLC purchased a new position in shares of JPMorgan Active Value ETF in the 3rd quarter worth about $56,000. Finally, Pinnacle Bancorp Inc. boosted its holdings in shares of JPMorgan Active Value ETF by 11.6% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,438 shares of the company’s stock worth $99,000 after buying an additional 150 shares during the last quarter. 43.07% of the stock is owned by institutional investors.

JPMorgan Active Value ETF Stock Up 0.6%

JAVA opened at $76.17 on Friday. JPMorgan Active Value ETF has a twelve month low of $55.51 and a twelve month high of $77.22. The company’s 50-day moving average price is $73.86 and its two-hundred day moving average price is $70.38. The stock has a market cap of $5.79 billion, a price-to-earnings ratio of -83.70 and a beta of 0.81.

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.