WNY Asset Management LLC Invests $32.59 Million in JPMorgan Active Value ETF $JAVA

WNY Asset Management LLC acquired a new stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 454,239 shares of the company’s stock, valued at approximately $32,592,000. JPMorgan Active Value ETF comprises 3.4% of WNY Asset Management LLC’s holdings, making the stock its 6th largest position. WNY Asset Management LLC owned about 0.52% of JPMorgan Active Value ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in JPMorgan Active Value ETF by 27.8% during the fourth quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock worth $1,463,175,000 after acquiring an additional 4,437,690 shares during the last quarter. OpenArc Corporate Advisory LLC purchased a new stake in JPMorgan Active Value ETF in the 4th quarter worth approximately $116,506,000. Dynasty Wealth Management LLC raised its holdings in JPMorgan Active Value ETF by 27.0% in the 4th quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock valued at $342,568,000 after acquiring an additional 1,014,584 shares during the last quarter. Bank of America Corp DE raised its holdings in JPMorgan Active Value ETF by 117.0% in the 1st quarter. Bank of America Corp DE now owns 1,771,693 shares of the company’s stock valued at $127,119,000 after acquiring an additional 955,074 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of JPMorgan Active Value ETF by 83.6% during the 1st quarter. Royal Bank of Canada now owns 1,200,108 shares of the company’s stock worth $86,107,000 after purchasing an additional 546,593 shares during the period. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Up 0.9%

Shares of JPMorgan Active Value ETF stock opened at $81.56 on Friday. JPMorgan Active Value ETF has a fifty-two week low of $64.40 and a fifty-two week high of $81.81. The business’s fifty day moving average is $79.25 and its two-hundred day moving average is $76.23. The firm has a market cap of $7.01 billion, a PE ratio of -89.63 and a beta of 0.78.

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.