Geneos Wealth Management Inc. Purchases 355 Shares of JPMorgan Active Value ETF $JAVA

Geneos Wealth Management Inc. lifted its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 13.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,950 shares of the company’s stock after buying an additional 355 shares during the quarter. Geneos Wealth Management Inc.’s holdings in JPMorgan Active Value ETF were worth $187,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in JAVA. JPMorgan Chase & Co. grew its stake in shares of 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 valued at $853,385,000 after buying an additional 3,199,399 shares in the last quarter. Dynasty Wealth Management LLC bought a new position in shares of JPMorgan Active Value ETF in the first quarter valued at $196,695,000. Sagespring Wealth Partners LLC bought a new position in shares of JPMorgan Active Value ETF in the first quarter valued at $178,162,000. 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 valued at $246,400,000 after buying an additional 1,046,448 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of JPMorgan Active Value ETF by 465.1% in the first quarter. Envestnet Asset Management Inc. now owns 1,189,600 shares of the company’s stock valued at $75,587,000 after buying an additional 979,103 shares in the last quarter. 43.07% of the stock is owned by institutional investors.

JPMorgan Active Value ETF Price Performance

JAVA stock opened at $68.53 on Wednesday. The company has a fifty day moving average price of $66.89 and a two-hundred day moving average price of $64.27. JPMorgan Active Value ETF has a one year low of $55.51 and a one year high of $69.08. The stock has a market cap of $3.95 billion, a price-to-earnings ratio of -75.31 and a beta of 0.80.

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.