Benjamin Edwards Inc. Takes Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Benjamin Edwards Inc. bought a new position in JPMorgan Active Value ETF (NYSEARCA:JAVA) during the 3rd quarter, HoldingsChannel reports. The fund bought 23,802 shares of the company’s stock, valued at approximately $1,525,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LGT Financial Advisors LLC grew its holdings in JPMorgan Active Value ETF by 53.9% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,151 shares of the company’s stock worth $74,000 after acquiring an additional 403 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in shares of JPMorgan Active Value ETF in the second quarter worth about $82,000. Concurrent Investment Advisors LLC purchased a new position in JPMorgan Active Value ETF during the 3rd quarter valued at about $213,000. Comerica Bank raised its position in JPMorgan Active Value ETF by 11.5% during the 1st quarter. Comerica Bank now owns 3,536 shares of the company’s stock valued at $212,000 after purchasing an additional 364 shares during the last quarter. Finally, SeaCrest Wealth Management LLC purchased a new stake in JPMorgan Active Value ETF in the 3rd quarter worth approximately $232,000.

JPMorgan Active Value ETF Stock Performance

JAVA opened at $67.59 on Friday. The stock has a market capitalization of $1.29 billion, a PE ratio of 19.49 and a beta of 0.76. The stock’s 50 day moving average price is $65.67 and its 200-day moving average price is $62.44. JPMorgan Active Value ETF has a 52-week low of $53.07 and a 52-week high of $68.77.

About JPMorgan Active Value ETF

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.