Kingsview Wealth Management LLC Has $1.92 Million Stake in JPMorgan Active Value ETF $JAVA

Kingsview Wealth Management LLC lowered its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 19.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,824 shares of the company’s stock after selling 6,848 shares during the period. Kingsview Wealth Management LLC’s holdings in JPMorgan Active Value ETF were worth $1,919,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of JAVA. Pinnacle Bancorp Inc. raised its position in shares of JPMorgan Active Value ETF by 11.6% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,438 shares of the company’s stock valued at $99,000 after acquiring an additional 150 shares during the period. Cary Street Partners Investment Advisory LLC raised its holdings in JPMorgan Active Value ETF by 2.0% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 8,062 shares of the company’s stock worth $556,000 after purchasing an additional 159 shares during the period. Twin Peaks Wealth Advisors LLC raised its holdings in JPMorgan Active Value ETF by 1.6% in the third quarter. Twin Peaks Wealth Advisors LLC now owns 10,682 shares of the company’s stock worth $737,000 after purchasing an additional 171 shares during the period. MONECO Advisors LLC boosted its position in shares of JPMorgan Active Value ETF by 2.1% during the third quarter. MONECO Advisors LLC now owns 9,157 shares of the company’s stock worth $631,000 after purchasing an additional 190 shares in the last quarter. Finally, Fairvoy Private Wealth LLC grew its holdings in shares of JPMorgan Active Value ETF by 2.0% in the 3rd quarter. Fairvoy Private Wealth LLC now owns 10,375 shares of the company’s stock valued at $715,000 after buying an additional 206 shares during the period. 43.07% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Stock Down 1.3%

JAVA opened at $74.16 on Friday. JPMorgan Active Value ETF has a 12 month low of $55.51 and a 12 month high of $77.22. The company has a fifty day simple moving average of $74.92 and a 200 day simple moving average of $71.32. The stock has a market cap of $5.63 billion, a P/E ratio of -81.49 and a beta of 0.81.

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.