Vestmark Advisory Solutions Inc. Has $14.54 Million Stock Holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Vestmark Advisory Solutions Inc. grew its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 9.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 261,431 shares of the company’s stock after buying an additional 22,052 shares during the quarter. Vestmark Advisory Solutions Inc. owned approximately 2.98% of JPMorgan Active Value ETF worth $14,541,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. StoneCrest Wealth Management Inc. acquired a new stake in shares of JPMorgan Active Value ETF in the fourth quarter valued at $1,621,000. DAVENPORT & Co LLC increased its position in JPMorgan Active Value ETF by 40.1% in the fourth quarter. DAVENPORT & Co LLC now owns 9,568 shares of the company’s stock worth $532,000 after purchasing an additional 2,737 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in JPMorgan Active Value ETF by 2.8% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 49,434 shares of the company’s stock worth $2,534,000 after purchasing an additional 1,349 shares during the period. Wade G W & Inc. increased its position in JPMorgan Active Value ETF by 386.0% in the third quarter. Wade G W & Inc. now owns 44,611 shares of the company’s stock worth $2,287,000 after purchasing an additional 35,432 shares during the period. Finally, Security Financial Services INC. increased its position in JPMorgan Active Value ETF by 12.4% in the third quarter. Security Financial Services INC. now owns 7,531 shares of the company’s stock worth $386,000 after purchasing an additional 829 shares during the period.

JPMorgan Active Value ETF Stock Up 0.6 %

JAVA stock traded up $0.37 during midday trading on Friday, reaching $58.44. The stock had a trading volume of 189,355 shares, compared to its average volume of 127,049. The business has a fifty day simple moving average of $58.28 and a two-hundred day simple moving average of $55.44. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 19.02 and a beta of 0.78. JPMorgan Active Value ETF has a twelve month low of $48.47 and a twelve month high of $60.06.

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.