JPMorgan Active Value ETF $JAVA is Prism Advisors Inc.’s 7th Largest Position

Prism Advisors Inc. decreased its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 3.9% during the first quarter, HoldingsChannel reports. The firm owned 244,878 shares of the company’s stock after selling 9,983 shares during the quarter. JPMorgan Active Value ETF accounts for approximately 4.7% of Prism Advisors Inc.’s holdings, making the stock its 7th biggest position. Prism Advisors Inc.’s holdings in JPMorgan Active Value ETF were worth $17,570,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Independence Asset Advisors LLC lifted its holdings in JPMorgan Active Value ETF by 129.5% in the first quarter. Independence Asset Advisors LLC now owns 22,711 shares of the company’s stock worth $1,630,000 after buying an additional 12,815 shares during the period. Traveka Wealth LLC grew its holdings in shares of JPMorgan Active Value ETF by 22.7% during the 1st quarter. Traveka Wealth LLC now owns 19,260 shares of the company’s stock worth $1,382,000 after acquiring an additional 3,566 shares during the period. Sequent Planning LLC purchased a new position in shares of JPMorgan Active Value ETF during the 1st quarter worth approximately $211,000. Unique Wealth LLC raised its position in shares of JPMorgan Active Value ETF by 40.2% in the 1st quarter. Unique Wealth LLC now owns 399,057 shares of the company’s stock worth $28,632,000 after acquiring an additional 114,440 shares in the last quarter. Finally, Aegis Wealth Management Inc. raised its position in shares of JPMorgan Active Value ETF by 9.0% in the 1st quarter. Aegis Wealth Management Inc. now owns 3,126 shares of the company’s stock worth $224,000 after acquiring an additional 259 shares in the last quarter. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Down 0.1%

JAVA opened at $79.41 on Wednesday. The stock has a market cap of $6.99 billion, a PE ratio of -87.26 and a beta of 0.78. The business has a 50 day moving average of $77.21 and a 200-day moving average of $75.00. JPMorgan Active Value ETF has a 52 week low of $64.40 and a 52 week high of $80.33.

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.