Gateway Wealth Partners LLC Raises Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Gateway Wealth Partners LLC increased its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 34.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,466 shares of the company’s stock after purchasing an additional 1,895 shares during the quarter. Gateway Wealth Partners LLC’s holdings in JPMorgan Active Value ETF were worth $473,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. LPL Financial LLC raised its position in shares of JPMorgan Active Value ETF by 2.8% during the 3rd quarter. LPL Financial LLC now owns 2,594,688 shares of the company’s stock valued at $166,242,000 after purchasing an additional 71,887 shares during the period. Janney Montgomery Scott LLC raised its holdings in JPMorgan Active Value ETF by 20.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,426,359 shares of the company’s stock valued at $90,289,000 after acquiring an additional 246,794 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Active Value ETF by 63.2% in the third quarter. JPMorgan Chase & Co. now owns 1,380,466 shares of the company’s stock worth $88,447,000 after acquiring an additional 534,561 shares during the period. Avior Wealth Management LLC grew its position in shares of JPMorgan Active Value ETF by 8.2% during the third quarter. Avior Wealth Management LLC now owns 966,128 shares of the company’s stock worth $61,887,000 after purchasing an additional 73,455 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in JPMorgan Active Value ETF by 2,965.2% during the 2nd quarter. Cetera Investment Advisers now owns 811,564 shares of the company’s stock valued at $48,093,000 after purchasing an additional 785,087 shares during the period.

JPMorgan Active Value ETF Price Performance

JAVA stock opened at $66.15 on Thursday. JPMorgan Active Value ETF has a 1-year low of $55.14 and a 1-year high of $68.77. The business has a 50 day simple moving average of $65.60 and a two-hundred day simple moving average of $64.00. The company has a market capitalization of $1.26 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.