von Borstel & Associates Inc. Makes New $1.20 Million Investment in JPMorgan Active Value ETF $JAVA

von Borstel & Associates Inc. purchased a new stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 17,085 shares of the company’s stock, valued at approximately $1,196,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. NewEdge Advisors LLC increased its stake in shares of JPMorgan Active Value ETF by 1.7% during the 1st quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock worth $933,000 after purchasing an additional 245 shares during the last quarter. Bank of Montreal Can lifted its holdings in JPMorgan Active Value ETF by 211.0% during the 2nd quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $48,000 after purchasing an additional 500 shares during the last quarter. Prospera Financial Services Inc boosted its stake in JPMorgan Active Value ETF by 31.5% in the 2nd quarter. Prospera Financial Services Inc now owns 4,682 shares of the company’s stock valued at $307,000 after purchasing an additional 1,122 shares during the period. Creative Planning acquired a new position in JPMorgan Active Value ETF in the 2nd quarter valued at $269,000. Finally, Cetera Investment Advisers grew its holdings in JPMorgan Active Value ETF by 5.9% in the 2nd quarter. Cetera Investment Advisers now owns 1,192,349 shares of the company’s stock valued at $78,099,000 after buying an additional 66,558 shares in the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

JAVA opened at $71.54 on Friday. The stock has a fifty day moving average of $74.95 and a 200-day moving average of $71.55. The company has a market capitalization of $5.43 billion, a P/E ratio of -78.62 and a beta of 0.81. JPMorgan Active Value ETF has a fifty-two week low of $55.51 and a fifty-two week high of $77.22.

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.