LPL Financial LLC Increases Holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA)

LPL Financial LLC grew its holdings in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 9.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,831,430 shares of the company’s stock after purchasing an additional 236,742 shares during the quarter. LPL Financial LLC owned approximately 14.82% of JPMorgan Active Value ETF worth $179,230,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Active Value ETF by 63.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,466 shares of the company’s stock worth $88,447,000 after acquiring an additional 534,561 shares during the period. Atria Investments Inc purchased a new stake in JPMorgan Active Value ETF in the 4th quarter worth approximately $1,741,000. Stifel Financial Corp lifted its stake in JPMorgan Active Value ETF by 4.9% in the 3rd quarter. Stifel Financial Corp now owns 169,063 shares of the company’s stock worth $10,832,000 after purchasing an additional 7,832 shares in the last quarter. DAVENPORT & Co LLC lifted its stake in JPMorgan Active Value ETF by 79.7% in the 4th quarter. DAVENPORT & Co LLC now owns 37,081 shares of the company’s stock worth $2,347,000 after purchasing an additional 16,448 shares in the last quarter. Finally, Good Life Advisors LLC raised its position in shares of JPMorgan Active Value ETF by 74.6% during the 4th quarter. Good Life Advisors LLC now owns 11,342 shares of the company’s stock valued at $718,000 after buying an additional 4,846 shares in the last quarter.

JPMorgan Active Value ETF Stock Performance

JPMorgan Active Value ETF stock opened at $63.73 on Monday. The firm’s fifty day moving average price is $65.23 and its 200-day moving average price is $65.01. The stock has a market cap of $2.90 billion, a P/E ratio of 20.00 and a beta of 0.84. JPMorgan Active Value ETF has a fifty-two week low of $56.72 and a fifty-two week high of $68.77.

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.