JPMorgan Active Value ETF $JAVA Position Increased by BCGM Wealth Management LLC

BCGM Wealth Management LLC grew its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 10.4% during the 2nd quarter, Holdings Channel reports. The fund owned 149,549 shares of the company’s stock after buying an additional 14,078 shares during the quarter. JPMorgan Active Value ETF comprises about 2.8% of BCGM Wealth Management LLC’s holdings, making the stock its 8th biggest position. BCGM Wealth Management LLC’s holdings in JPMorgan Active Value ETF were worth $9,795,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Active Value ETF by 31.3% in the first quarter. JPMorgan Chase & Co. now owns 13,430,674 shares of the company’s stock valued at $853,385,000 after purchasing an additional 3,199,399 shares during the period. LPL Financial LLC lifted its stake in shares of JPMorgan Active Value ETF by 37.0% in the first quarter. LPL Financial LLC now owns 3,877,878 shares of the company’s stock valued at $246,400,000 after purchasing an additional 1,046,448 shares during the period. Dynasty Wealth Management LLC acquired a new stake in shares of JPMorgan Active Value ETF in the first quarter valued at about $196,695,000. Sagespring Wealth Partners LLC lifted its stake in shares of JPMorgan Active Value ETF by 9.5% in the second quarter. Sagespring Wealth Partners LLC now owns 3,069,729 shares of the company’s stock valued at $201,067,000 after purchasing an additional 265,790 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of JPMorgan Active Value ETF by 51.0% in the first quarter. Ameriprise Financial Inc. now owns 2,162,672 shares of the company’s stock valued at $137,411,000 after purchasing an additional 730,436 shares during the period. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Up 0.4%

Shares of NYSEARCA JAVA opened at $69.35 on Monday. The stock has a market capitalization of $4.41 billion, a price-to-earnings ratio of -76.21 and a beta of 0.81. JPMorgan Active Value ETF has a 52 week low of $55.51 and a 52 week high of $70.28. The firm has a 50-day moving average price of $68.66 and a 200 day moving average price of $65.88.

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.