JPMorgan Active Value ETF (NYSEARCA:JAVA) Stock Position Lifted by Bank of America Corp DE

Bank of America Corp DE lifted its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 1,969.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 195,018 shares of the company’s stock after purchasing an additional 185,593 shares during the quarter. Bank of America Corp DE owned 1.02% of JPMorgan Active Value ETF worth $12,345,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Farmers & Merchants Investments Inc. bought a new position in JPMorgan Active Value ETF during the fourth quarter valued at about $25,000. Centricity Wealth Management LLC bought a new position in JPMorgan Active Value ETF during the fourth quarter valued at about $39,000. Assetmark Inc. boosted its stake in JPMorgan Active Value ETF by 2,402.6% during the fourth quarter. Assetmark Inc. now owns 976 shares of the company’s stock valued at $62,000 after buying an additional 937 shares in the last quarter. WR Wealth Planners LLC bought a new position in JPMorgan Active Value ETF during the fourth quarter valued at about $115,000. Finally, Steward Partners Investment Advisory LLC boosted its stake in JPMorgan Active Value ETF by 32.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,092 shares of the company’s stock valued at $132,000 after buying an additional 515 shares in the last quarter.

JPMorgan Active Value ETF Stock Down 0.4%

Shares of JAVA stock opened at $62.51 on Friday. The stock has a 50-day simple moving average of $61.76 and a 200 day simple moving average of $64.27. JPMorgan Active Value ETF has a fifty-two week low of $55.51 and a fifty-two week high of $68.77. The stock has a market capitalization of $3.31 billion, a P/E ratio of 18.56 and a beta of 0.83.

JPMorgan Active Value ETF 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.