Kingsview Wealth Management LLC Sells 6,848 Shares of JPMorgan Active Value ETF $JAVA

Kingsview Wealth Management LLC lowered its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 19.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,824 shares of the company’s stock after selling 6,848 shares during the quarter. Kingsview Wealth Management LLC’s holdings in JPMorgan Active Value ETF were worth $1,919,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in JPMorgan Active Value ETF in the third quarter worth about $33,000. Total Investment Management Inc. bought a new position in shares of JPMorgan Active Value ETF in the 2nd quarter valued at about $40,000. Bank of Montreal Can boosted its stake in shares of JPMorgan Active Value ETF by 211.0% in the 2nd quarter. Bank of Montreal Can now owns 737 shares of the company’s stock valued at $48,000 after purchasing an additional 500 shares during the last quarter. Root Financial Partners LLC acquired a new stake in shares of JPMorgan Active Value ETF during the 3rd quarter worth approximately $56,000. Finally, Pinnacle Bancorp Inc. raised its stake in shares of JPMorgan Active Value ETF by 11.6% during the third 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. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

Shares of NYSEARCA JAVA opened at $74.16 on Friday. JPMorgan Active Value ETF has a fifty-two week low of $55.51 and a fifty-two week high of $77.22. The firm has a market capitalization of $5.63 billion, a P/E ratio of -81.49 and a beta of 0.81. The company’s 50 day simple moving average is $74.92 and its 200 day simple moving average is $71.32.

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.