JPMorgan Active Value ETF $JAVA Stock: Americana Partners LLC Boosts Position

Americana Partners LLC boosted its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 6.6% in the third quarter, Holdings Channel reports. The institutional investor owned 403,635 shares of the company’s stock after purchasing an additional 24,924 shares during the period. Americana Partners LLC’s holdings in JPMorgan Active Value ETF were worth $32,178,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in JAVA. Latitude Advisors LLC bought a new stake in JPMorgan Active Value ETF in the third quarter worth $27,000. Root Financial Partners LLC bought a new position in shares of JPMorgan Active Value ETF during the third quarter valued at $64,000. Compass Financial Management LLC bought a new position in shares of JPMorgan Active Value ETF during the second quarter valued at $103,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of JPMorgan Active Value ETF in the 2nd quarter worth about $206,000. Finally, Triumph Capital Management raised its position in shares of JPMorgan Active Value ETF by 11.2% in the 3rd quarter. Triumph Capital Management now owns 2,806 shares of the company’s stock worth $224,000 after purchasing an additional 282 shares during the last quarter. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

Shares of JPMorgan Active Value ETF stock opened at $82.96 on Friday. The stock has a market cap of $7.38 billion, a price-to-earnings ratio of -91.16 and a beta of 0.78. The firm’s 50-day moving average is $81.89 and its 200 day moving average is $78.14. JPMorgan Active Value ETF has a 1 year low of $67.77 and a 1 year high of $84.06.

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.