Sutton Place Investors LLC Has $828,000 Stock Holdings in JPMorgan Active Value ETF $JAVA

Sutton Place Investors LLC decreased its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 4.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 12,635 shares of the company’s stock after selling 537 shares during the period. Sutton Place Investors LLC’s holdings in JPMorgan Active Value ETF were worth $828,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in JAVA. NorthRock Partners LLC acquired a new position in shares of JPMorgan Active Value ETF in the 1st quarter valued at $46,000. Ameritas Advisory Services LLC bought a new stake in shares of JPMorgan Active Value ETF in the 2nd quarter worth about $48,000. N.E.W. Advisory Services LLC bought a new stake in shares of JPMorgan Active Value ETF in the 1st quarter worth about $51,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of JPMorgan Active Value ETF in the 1st quarter worth about $81,000. Finally, Pinnacle Bancorp Inc. grew its holdings in shares of JPMorgan Active Value ETF by 119.0% in the 2nd quarter. Pinnacle Bancorp Inc. now owns 1,288 shares of the company’s stock worth $84,000 after purchasing an additional 700 shares during the last quarter. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

JAVA opened at $69.46 on Friday. The firm’s 50-day simple moving average is $67.50 and its 200-day simple moving average is $64.74. JPMorgan Active Value ETF has a twelve month low of $55.51 and a twelve month high of $69.83. The firm has a market cap of $4.25 billion, a price-to-earnings ratio of -76.33 and a beta of 0.80.

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.