Sanctuary Advisors LLC decreased its position in JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) by 3.7% in the first quarter, Holdings Channel.com reports. The firm owned 182,049 shares of the company’s stock after selling 7,049 shares during the quarter. Sanctuary Advisors LLC’s holdings in JPMorgan Active Value ETF were worth $13,062,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in JPMorgan Active Value ETF during the fourth quarter worth about $32,000. Quadrant Capital Group LLC bought a new position in shares of JPMorgan Active Value ETF during the fourth quarter valued at approximately $32,000. Wilmington Savings Fund Society FSB purchased a new position in shares of JPMorgan Active Value ETF during the third quarter valued at approximately $33,000. Fairway Wealth LLC bought a new stake in shares of JPMorgan Active Value ETF in the 4th quarter worth approximately $37,000. Finally, Greenline Wealth Management LLC purchased a new stake in shares of JPMorgan Active Value ETF in the 4th quarter worth approximately $45,000. Hedge funds and other institutional investors own 43.07% of the company’s stock.
JPMorgan Active Value ETF Trading Up 0.4%
Shares of NYSEARCA:JAVA opened at $80.86 on Friday. JPMorgan Active Value ETF has a 12-month low of $64.40 and a 12-month high of $81.01. The stock has a market capitalization of $6.82 billion, a price-to-earnings ratio of -88.86 and a beta of 0.78. The stock has a fifty day simple moving average of $78.32 and a two-hundred day simple moving average of $75.68.
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.
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