JPMorgan Active Value ETF $JAVA Stock Holdings Reduced by Steph & Co.

Steph & Co. lowered its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 6.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 857,239 shares of the company’s stock after selling 55,360 shares during the quarter. JPMorgan Active Value ETF makes up 16.9% of Steph & Co.’s portfolio, making the stock its biggest position. Steph & Co. owned 0.97% of JPMorgan Active Value ETF worth $68,339,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of JAVA. Envestnet Portfolio Solutions Inc. purchased a new position in JPMorgan Active Value ETF during the second quarter valued at approximately $206,000. Security National Bank of SO Dak lifted its holdings in JPMorgan Active Value ETF by 16.5% during the second quarter. Security National Bank of SO Dak now owns 5,059 shares of the company’s stock worth $402,000 after buying an additional 716 shares during the period. Security National Bank of Sioux City Iowa IA lifted its holdings in JPMorgan Active Value ETF by 94.4% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 11,022 shares of the company’s stock worth $875,000 after buying an additional 5,351 shares during the period. Capital Analysts LLC boosted its position in JPMorgan Active Value ETF by 6.1% during the 2nd quarter. Capital Analysts LLC now owns 131,393 shares of the company’s stock valued at $10,434,000 after acquiring an additional 7,544 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in JPMorgan Active Value ETF by 6.4% during the 2nd quarter. NewEdge Advisors LLC now owns 164,361 shares of the company’s stock valued at $13,052,000 after acquiring an additional 9,954 shares in the last quarter. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Trading Down 0.4%

Shares of NYSEARCA:JAVA traded down $0.31 on Wednesday, reaching $80.74. The company had a trading volume of 469,029 shares, compared to its average volume of 441,915. JPMorgan Active Value ETF has a 52-week low of $67.14 and a 52-week high of $84.06. The firm’s 50 day simple moving average is $82.11 and its 200-day simple moving average is $78.66. The firm has a market capitalization of $7.02 billion, a PE ratio of -88.73 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.