Gateway Wealth Partners LLC Buys 850 Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA)

Gateway Wealth Partners LLC raised its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 12.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,626 shares of the company’s stock after purchasing an additional 850 shares during the period. Gateway Wealth Partners LLC’s holdings in JPMorgan Active Value ETF were worth $452,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Strategic Financial Concepts LLC bought a new stake in JPMorgan Active Value ETF in the 2nd quarter valued at $27,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of JPMorgan Active Value ETF in the 2nd quarter valued at $82,000. Geneos Wealth Management Inc. acquired a new position in shares of JPMorgan Active Value ETF in the 1st quarter valued at $95,000. Whittier Trust Co. of Nevada Inc. raised its stake in shares of JPMorgan Active Value ETF by 91.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 2,351 shares of the company’s stock valued at $141,000 after buying an additional 1,125 shares in the last quarter. Finally, Ignite Planners LLC acquired a new position in shares of JPMorgan Active Value ETF in the 1st quarter valued at $202,000.

JPMorgan Active Value ETF Stock Performance

Shares of JAVA stock opened at $64.04 on Tuesday. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 19.49 and a beta of 0.76. The firm has a fifty day moving average of $61.87 and a 200-day moving average of $60.14. JPMorgan Active Value ETF has a 52-week low of $48.47 and a 52-week high of $64.13.

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.