JPMorgan Active Value ETF $JAVA Shares Sold by ARQ Wealth Advisors LLC

ARQ Wealth Advisors LLC reduced its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 13.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 136,285 shares of the company’s stock after selling 20,532 shares during the period. JPMorgan Active Value ETF accounts for 2.8% of ARQ Wealth Advisors LLC’s holdings, making the stock its 9th biggest holding. ARQ Wealth Advisors LLC owned 0.22% of JPMorgan Active Value ETF worth $9,398,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Active Value ETF by 15.1% in the 3rd 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. Sagespring Wealth Partners LLC raised its stake 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 buying an additional 775,005 shares during the period. Dynasty Wealth Management LLC boosted its holdings in JPMorgan Active Value ETF by 26.1% in the third 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 in the last quarter. Ameriprise Financial Inc. grew its stake in JPMorgan Active Value ETF by 3.3% in the third quarter. Ameriprise Financial Inc. now owns 2,531,360 shares of the company’s stock valued at $174,520,000 after acquiring an additional 81,880 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in JPMorgan Active Value ETF by 1.7% in the third quarter. Envestnet Asset Management Inc. now owns 1,223,471 shares of the company’s stock valued at $84,371,000 after acquiring an additional 20,278 shares during the period. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Up 0.6%

NYSEARCA JAVA opened at $72.56 on Wednesday. JPMorgan Active Value ETF has a 52 week low of $55.51 and a 52 week high of $77.22. The business has a 50 day moving average price of $74.89 and a 200-day moving average price of $71.66. The company has a market cap of $5.51 billion, a price-to-earnings ratio of -79.74 and a beta of 0.81.

JPMorgan Active Value ETF 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.