Belpointe Asset Management LLC Makes New $547,000 Investment in JPMorgan Active Value ETF $JAVA

Belpointe Asset Management LLC bought a new position in JPMorgan Active Value ETF (NYSEARCA:JAVA) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 8,603 shares of the company’s stock, valued at approximately $547,000.

Several other large investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in JPMorgan Active Value ETF by 31.3% in the first quarter. JPMorgan Chase & Co. now owns 13,430,674 shares of the company’s stock worth $853,385,000 after buying an additional 3,199,399 shares during the period. LPL Financial LLC grew its stake in shares of JPMorgan Active Value ETF by 37.0% in the first quarter. LPL Financial LLC now owns 3,877,878 shares of the company’s stock worth $246,400,000 after purchasing an additional 1,046,448 shares in the last quarter. Dynasty Wealth Management LLC bought a new position in shares of JPMorgan Active Value ETF in the first quarter worth $196,695,000. Sagespring Wealth Partners LLC bought a new position in shares of JPMorgan Active Value ETF in the first quarter worth $178,162,000. Finally, Ameriprise Financial Inc. grew its stake in shares of JPMorgan Active Value ETF by 51.0% in the first quarter. Ameriprise Financial Inc. now owns 2,162,672 shares of the company’s stock worth $137,411,000 after purchasing an additional 730,436 shares in the last quarter. 43.07% of the stock is owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Stock Performance

NYSEARCA:JAVA opened at $68.68 on Friday. JPMorgan Active Value ETF has a 1 year low of $55.51 and a 1 year high of $69.08. The stock has a market cap of $3.96 billion, a price-to-earnings ratio of -75.47 and a beta of 0.80. The business has a fifty day moving average of $66.80 and a 200-day moving average of $64.23.

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.