Cambridge Investment Research Advisors Inc. grew its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA – Free Report) by 120.4% in the second quarter, according to its most recent filing with the SEC. The fund owned 48,085 shares of the company’s stock after acquiring an additional 26,270 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.73% of JPMorgan Active Value ETF worth $2,556,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. IFP Advisors Inc bought a new stake in JPMorgan Active Value ETF during the first quarter worth approximately $47,000. Ameritas Advisory Services LLC bought a new stake in JPMorgan Active Value ETF in the first quarter worth $50,000. Harbor Investment Advisory LLC boosted its stake in JPMorgan Active Value ETF by 119.1% during the first quarter. Harbor Investment Advisory LLC now owns 1,562 shares of the company’s stock worth $80,000 after buying an additional 849 shares during the period. NewEdge Advisors LLC purchased a new position in JPMorgan Active Value ETF during the first quarter worth $113,000. Finally, Truist Financial Corp purchased a new stake in JPMorgan Active Value ETF in the 4th quarter worth about $202,000.
JPMorgan Active Value ETF Price Performance
JPMorgan Active Value ETF stock opened at $51.26 on Friday. JPMorgan Active Value ETF has a 1-year low of $45.77 and a 1-year high of $56.00. The firm has a market capitalization of $449.55 million, a P/E ratio of 15.70 and a beta of 0.80. The company’s 50-day moving average is $53.28 and its 200 day moving average is $52.32.
About JPMorgan Active Value ETF
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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