Compound Planning Inc. Sells 8,688 Shares of JPMorgan Active Value ETF $JAVA

Compound Planning Inc. lessened its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 36.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,294 shares of the company’s stock after selling 8,688 shares during the period. Compound Planning Inc.’s holdings in JPMorgan Active Value ETF were worth $1,055,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in JAVA. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Active Value ETF by 15.1% in the third quarter. JPMorgan Chase & Co. now owns 15,963,524 shares of the company’s stock valued at $1,100,845,000 after buying an additional 2,098,043 shares during the period. Dynasty Wealth Management LLC grew its holdings in JPMorgan Active Value ETF by 26.1% during the 3rd quarter. Dynasty Wealth Management LLC now owns 3,761,884 shares of the company’s stock worth $259,420,000 after acquiring an additional 778,258 shares during the last quarter. Sagespring Wealth Partners LLC grew its holdings in JPMorgan Active Value ETF by 25.2% during the 3rd quarter. Sagespring Wealth Partners LLC now owns 3,844,734 shares of the company’s stock worth $265,133,000 after acquiring an additional 775,005 shares during the last quarter. Vestmark Advisory Solutions Inc. increased its position in JPMorgan Active Value ETF by 115.4% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 1,155,023 shares of the company’s stock valued at $75,654,000 after acquiring an additional 618,857 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of JPMorgan Active Value ETF by 13.3% during the second quarter. Ameriprise Financial Inc. now owns 2,449,480 shares of the company’s stock valued at $160,457,000 after acquiring an additional 286,808 shares during the last quarter. 43.07% of the stock is owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Stock Performance

Shares of NYSEARCA:JAVA opened at $76.18 on Friday. JPMorgan Active Value ETF has a 52 week low of $55.51 and a 52 week high of $77.22. The firm has a market cap of $5.79 billion, a PE ratio of -83.71 and a beta of 0.81. The firm’s fifty day moving average is $74.64 and its 200-day moving average is $71.01.

JPMorgan Active Value ETF Company 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.