5T Wealth LLC Increases Stock Position in JPMorgan Active Value ETF $JAVA

5T Wealth LLC increased its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 17.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 61,851 shares of the company’s stock after purchasing an additional 9,175 shares during the quarter. JPMorgan Active Value ETF accounts for 1.8% of 5T Wealth LLC’s portfolio, making the stock its 16th largest position. 5T Wealth LLC owned 0.08% of JPMorgan Active Value ETF worth $4,436,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Gill Capital Partners LLC boosted its stake in shares of JPMorgan Active Value ETF by 13.8% in the third quarter. Gill Capital Partners LLC now owns 147,320 shares of the company’s stock valued at $10,159,000 after purchasing an additional 17,813 shares during the period. BCGM Wealth Management LLC boosted its stake 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 during the period. Americana Partners LLC boosted its stake 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 during the period. Perigon Wealth Management LLC boosted its stake 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 period. Finally, Ascent Group LLC boosted its stake 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 period. 43.07% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Trading Up 1.2%

Shares of JAVA stock opened at $75.58 on Friday. The company has a market capitalization of $6.31 billion, a PE ratio of -83.05 and a beta of 0.81. The firm has a fifty day simple moving average of $73.84 and a 200-day simple moving average of $72.31. JPMorgan Active Value ETF has a twelve month low of $57.81 and a twelve month high of $77.22.

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.