Confluence Wealth Services Inc. Invests $14.34 Million in JPMorgan Active Value ETF $JAVA

Confluence Wealth Services Inc. bought a new position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 200,000 shares of the company’s stock, valued at approximately $14,344,000. Confluence Wealth Services Inc. owned approximately 0.27% of JPMorgan Active Value ETF at the end of the most recent quarter.

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

JPMorgan Active Value ETF Trading Up 0.1%

NYSEARCA JAVA opened at $75.25 on Thursday. The company’s fifty day simple moving average is $73.76 and its 200-day simple moving average is $72.44. JPMorgan Active Value ETF has a 52 week low of $59.90 and a 52 week high of $77.22. The stock has a market cap of $6.30 billion, a P/E ratio of -82.69 and a beta of 0.81.

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.