Daymark Wealth Partners LLC Has $25.62 Million Stock Holdings in JPMorgan Active Value ETF $JAVA

Daymark Wealth Partners LLC raised its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 6.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 371,570 shares of the company’s stock after purchasing an additional 23,040 shares during the quarter. JPMorgan Active Value ETF makes up about 0.9% of Daymark Wealth Partners LLC’s portfolio, making the stock its 26th biggest holding. Daymark Wealth Partners LLC owned 0.61% of JPMorgan Active Value ETF worth $25,623,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Total Investment Management Inc. acquired a new stake in shares of JPMorgan Active Value ETF in the 2nd quarter valued at approximately $40,000. Ameritas Advisory Services LLC bought a new stake in JPMorgan Active Value ETF during the second quarter worth $48,000. Bank of Montreal Can lifted its stake in JPMorgan Active Value ETF by 211.0% in the second quarter. Bank of Montreal Can now owns 737 shares of the company’s stock valued at $48,000 after acquiring an additional 500 shares during the last quarter. Pinnacle Bancorp Inc. grew its position in shares of JPMorgan Active Value ETF by 119.0% in the 2nd quarter. Pinnacle Bancorp Inc. now owns 1,288 shares of the company’s stock valued at $84,000 after acquiring an additional 700 shares during the period. Finally, Cary Street Partners Financial LLC grew its position in shares of JPMorgan Active Value ETF by 13.3% in the 2nd quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock valued at $119,000 after acquiring an additional 212 shares during the period. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

Shares of JAVA stock opened at $72.58 on Monday. The firm’s 50-day moving average is $70.75 and its 200-day moving average is $68.49. The stock has a market cap of $4.50 billion, a price-to-earnings ratio of -79.76 and a beta of 0.81. JPMorgan Active Value ETF has a 52-week low of $55.51 and a 52-week high of $72.90.

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.