Kestra Advisory Services LLC Buys 27,804 Shares of JPMorgan Active Value ETF $JAVA

Kestra Advisory Services LLC lifted its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 4.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 686,505 shares of the company’s stock after acquiring an additional 27,804 shares during the quarter. Kestra Advisory Services LLC owned 0.77% of JPMorgan Active Value ETF worth $54,728,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Cetera Investment Advisers boosted its holdings in JPMorgan Active Value ETF by 29.1% in the first quarter. Cetera Investment Advisers now owns 1,788,286 shares of the company’s stock worth $128,310,000 after purchasing an additional 403,101 shares during the last quarter. Bank of America Corp DE grew its position in JPMorgan Active Value ETF by 117.0% in the 1st quarter. Bank of America Corp DE now owns 1,771,693 shares of the company’s stock worth $127,119,000 after purchasing an additional 955,074 shares during the period. Janney Montgomery Scott LLC purchased a new stake in JPMorgan Active Value ETF during the 2nd quarter valued at $115,836,000. Royal Bank of Canada raised its stake in JPMorgan Active Value ETF by 83.6% during the 1st quarter. Royal Bank of Canada now owns 1,200,108 shares of the company’s stock valued at $86,107,000 after buying an additional 546,593 shares during the last quarter. Finally, Avior Wealth Management LLC lifted its holdings in shares of JPMorgan Active Value ETF by 4.8% during the 3rd quarter. Avior Wealth Management LLC now owns 1,002,489 shares of the company’s stock valued at $79,918,000 after buying an additional 46,304 shares during the period. 43.07% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Stock Performance

Shares of JAVA stock traded down $0.32 on Friday, reaching $82.72. The stock had a trading volume of 724,178 shares, compared to its average volume of 466,335. The stock has a market cap of $7.42 billion, a P/E ratio of -90.90 and a beta of 0.77. JPMorgan Active Value ETF has a 1 year low of $67.77 and a 1 year high of $86.02. The company has a 50 day simple moving average of $81.93 and a 200 day simple moving average of $78.37.

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.