JPMorgan Active Value ETF $JAVA is Centerline Wealth Advisors LLC’s 4th Largest Position

Centerline Wealth Advisors LLC lifted its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 70.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 221,884 shares of the company’s stock after buying an additional 91,840 shares during the quarter. JPMorgan Active Value ETF makes up about 5.8% of Centerline Wealth Advisors LLC’s holdings, making the stock its 4th largest position. Centerline Wealth Advisors LLC owned about 0.30% of JPMorgan Active Value ETF worth $15,914,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in JAVA. Gill Capital Partners LLC raised its position in JPMorgan Active Value ETF by 13.8% during the third quarter. Gill Capital Partners LLC now owns 147,320 shares of the company’s stock worth $10,159,000 after acquiring an additional 17,813 shares during the last quarter. BCGM Wealth Management LLC lifted its holdings in shares of JPMorgan Active Value ETF by 5.2% in the third quarter. BCGM Wealth Management LLC now owns 157,291 shares of the company’s stock valued at $10,847,000 after purchasing an additional 7,742 shares in the last quarter. Americana Partners LLC lifted its holdings in shares of JPMorgan Active Value ETF by 1.6% in the third quarter. Americana Partners LLC now owns 546,561 shares of the company’s stock valued at $37,691,000 after purchasing an additional 8,718 shares in the last quarter. Perigon Wealth Management LLC grew its position in shares of JPMorgan Active Value ETF by 29.8% in the third quarter. Perigon Wealth Management LLC now owns 77,872 shares of the company’s stock valued at $5,370,000 after purchasing an additional 17,861 shares during the last quarter. Finally, Ascent Group LLC grew its position in shares of JPMorgan Active Value ETF by 122.6% in the third quarter. Ascent Group LLC now owns 47,740 shares of the company’s stock valued at $3,292,000 after purchasing an additional 26,290 shares during the last quarter. 43.07% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Price Performance

Shares of JAVA opened at $70.88 on Monday. JPMorgan Active Value ETF has a 1-year low of $55.51 and a 1-year high of $77.22. The stock has a market cap of $5.38 billion, a price-to-earnings ratio of -77.89 and a beta of 0.81. The firm has a 50 day simple moving average of $74.73 and a 200-day simple moving average of $71.73.

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.