MONECO Advisors LLC Raises Stock Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

MONECO Advisors LLC grew its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 22.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,878 shares of the company’s stock after purchasing an additional 1,080 shares during the period. MONECO Advisors LLC’s holdings in JPMorgan Active Value ETF were worth $377,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in JAVA. Strategic Financial Concepts LLC bought a new position in JPMorgan Active Value ETF during the second quarter valued at $27,000. Ashton Thomas Private Wealth LLC bought a new position in shares of JPMorgan Active Value ETF in the 2nd quarter valued at about $82,000. Geneos Wealth Management Inc. purchased a new position in JPMorgan Active Value ETF in the first quarter worth about $95,000. Whittier Trust Co. of Nevada Inc. raised its position in JPMorgan Active Value ETF by 91.8% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 2,351 shares of the company’s stock valued at $141,000 after purchasing an additional 1,125 shares during the period. Finally, Worth Financial Advisory Group LLC bought a new stake in shares of JPMorgan Active Value ETF in the 1st quarter valued at approximately $210,000.

JPMorgan Active Value ETF Stock Performance

Shares of JPMorgan Active Value ETF stock opened at $64.49 on Thursday. JPMorgan Active Value ETF has a one year low of $49.02 and a one year high of $65.60. The stock has a 50 day moving average price of $63.59 and a 200-day moving average price of $60.99. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 19.49 and a beta of 0.76.

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.