DAVENPORT & Co LLC Acquires 17,471 Shares of JPMorgan Active Value ETF $JAVA

DAVENPORT & Co LLC boosted its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 17.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 119,139 shares of the company’s stock after buying an additional 17,471 shares during the period. DAVENPORT & Co LLC owned 0.16% of JPMorgan Active Value ETF worth $8,545,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pinnacle Bancorp Inc. increased its holdings in shares of JPMorgan Active Value ETF by 11.6% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,438 shares of the company’s stock valued at $99,000 after acquiring an additional 150 shares during the period. Cary Street Partners Investment Advisory LLC lifted its stake in shares of JPMorgan Active Value ETF by 2.0% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 8,062 shares of the company’s stock worth $556,000 after purchasing an additional 159 shares during the last quarter. Twin Peaks Wealth Advisors LLC lifted its stake in shares of JPMorgan Active Value ETF by 1.6% during the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 10,682 shares of the company’s stock worth $737,000 after purchasing an additional 171 shares during the last quarter. MONECO Advisors LLC boosted its position in JPMorgan Active Value ETF by 2.1% during the third quarter. MONECO Advisors LLC now owns 9,157 shares of the company’s stock valued at $631,000 after purchasing an additional 190 shares in the last quarter. Finally, Fairvoy Private Wealth LLC grew its stake in JPMorgan Active Value ETF by 2.0% in the third quarter. Fairvoy Private Wealth LLC now owns 10,375 shares of the company’s stock valued at $715,000 after purchasing an additional 206 shares during the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

NYSEARCA:JAVA opened at $71.32 on Friday. The company’s 50-day simple moving average is $74.50 and its 200-day simple moving average is $71.78. JPMorgan Active Value ETF has a fifty-two week low of $55.51 and a fifty-two week high of $77.22. The stock has a market capitalization of $5.42 billion, a P/E ratio of -78.37 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.