Great Valley Advisor Group Inc. Acquires 44,466 Shares of JPMorgan Active Value ETF $JAVA

Great Valley Advisor Group Inc. boosted its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 6.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 771,979 shares of the company’s stock after purchasing an additional 44,466 shares during the quarter. JPMorgan Active Value ETF comprises approximately 1.1% of Great Valley Advisor Group Inc.’s portfolio, making the stock its 15th largest holding. Great Valley Advisor Group Inc.’s holdings in JPMorgan Active Value ETF were worth $55,367,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. raised its position in JPMorgan Active Value ETF by 27.8% in the 4th quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock valued at $1,463,175,000 after buying an additional 4,437,690 shares during the last quarter. LPL Financial LLC raised its position in 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 last quarter. Dynasty Wealth Management LLC raised its position 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 buying an additional 1,014,584 shares during the last quarter. Sagespring Wealth Partners LLC raised its position in 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 last quarter. Finally, Ameriprise Financial Inc. raised its position in JPMorgan Active Value ETF by 3.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,531,360 shares of the company’s stock valued at $174,520,000 after buying an additional 81,880 shares during the last quarter. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

Shares of JPMorgan Active Value ETF stock opened at $78.06 on Friday. The business’s 50 day simple moving average is $75.75 and its 200 day simple moving average is $74.24. JPMorgan Active Value ETF has a 52-week low of $63.67 and a 52-week high of $78.52. The firm has a market cap of $6.87 billion, a PE ratio of -85.78 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.