Merited Wealth LLC Increases Stake in JPMorgan Active Value ETF $JAVA

Merited Wealth LLC raised its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 115.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 31,233 shares of the company’s stock after acquiring an additional 16,707 shares during the period. JPMorgan Active Value ETF makes up 1.9% of Merited Wealth LLC’s investment portfolio, making the stock its 22nd largest holding. Merited Wealth LLC’s holdings in JPMorgan Active Value ETF were worth $2,241,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in JPMorgan Active Value ETF by 27.8% in the fourth quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock valued at $1,463,175,000 after purchasing an additional 4,437,690 shares during the period. OpenArc Corporate Advisory LLC purchased a new position in shares of JPMorgan Active Value ETF during the 4th quarter worth approximately $116,506,000. Dynasty Wealth Management LLC raised its stake in shares of JPMorgan Active Value ETF by 27.0% during the 4th quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock worth $342,568,000 after buying an additional 1,014,584 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of JPMorgan Active Value ETF by 9.3% in the 4th quarter. LPL Financial LLC now owns 6,262,663 shares of the company’s stock valued at $449,158,000 after buying an additional 531,461 shares during the period. Finally, Sagespring Wealth Partners LLC lifted its holdings in shares of JPMorgan Active Value ETF by 9.2% in the 4th quarter. Sagespring Wealth Partners LLC now owns 4,199,747 shares of the company’s stock valued at $301,206,000 after buying an additional 355,013 shares during the period. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

JPMorgan Active Value ETF stock opened at $79.83 on Thursday. The stock’s 50 day moving average price is $77.30 and its 200 day moving average price is $75.05. JPMorgan Active Value ETF has a 1-year low of $64.40 and a 1-year high of $80.33. The company has a market cap of $6.71 billion, a PE ratio of -87.73 and a beta of 0.78.

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.