Commonwealth Equity Services LLC Reduces Stock Holdings in JPMorgan Active Value ETF $JAVA

Commonwealth Equity Services LLC lessened its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 1.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,006,824 shares of the company’s stock after selling 18,493 shares during the quarter. Commonwealth Equity Services LLC owned about 1.65% of JPMorgan Active Value ETF worth $69,431,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of JAVA. Total Investment Management Inc. acquired a new stake in JPMorgan Active Value ETF during the 2nd quarter worth $40,000. Ameritas Advisory Services LLC purchased a new position in shares of JPMorgan Active Value ETF during the second quarter worth about $48,000. Bank of Montreal Can increased its position in shares of JPMorgan Active Value ETF by 211.0% during the second quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $48,000 after purchasing an additional 500 shares in the last quarter. Pinnacle Bancorp Inc. lifted its holdings 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 purchasing an additional 700 shares during the last quarter. Finally, Cary Street Partners Financial LLC boosted 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 purchasing 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 Up 1.0%

NYSEARCA:JAVA opened at $73.31 on Tuesday. The company has a market capitalization of $5.33 billion, a PE ratio of -80.56 and a beta of 0.81. JPMorgan Active Value ETF has a 52-week low of $55.51 and a 52-week high of $73.49. The stock’s 50 day moving average price is $70.81 and its 200 day moving average price is $68.56.

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.