Strategic Financial Concepts LLC Purchases New Shares in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Strategic Financial Concepts LLC acquired a new position in JPMorgan Active Value ETF (NYSEARCA:JAVA) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 45,021 shares of the company’s stock, valued at approximately $27,000. Strategic Financial Concepts LLC owned approximately 0.24% of JPMorgan Active Value ETF at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Steph & Co. purchased a new position in shares of JPMorgan Active Value ETF during the first quarter valued at approximately $36,071,000. Commonwealth Equity Services LLC raised its stake in JPMorgan Active Value ETF by 69.5% during the first quarter. Commonwealth Equity Services LLC now owns 546,577 shares of the company’s stock valued at $32,735,000 after buying an additional 224,055 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in JPMorgan Active Value ETF by 33.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 615,571 shares of the company’s stock worth $34,238,000 after acquiring an additional 153,311 shares in the last quarter. Unionview LLC bought a new stake in JPMorgan Active Value ETF in the first quarter worth $7,457,000. Finally, Osaic Holdings Inc. grew its stake in shares of JPMorgan Active Value ETF by 100.5% in the first quarter. Osaic Holdings Inc. now owns 202,889 shares of the company’s stock worth $12,151,000 after acquiring an additional 101,694 shares during the last quarter.

JPMorgan Active Value ETF Stock Performance

NYSEARCA:JAVA opened at $61.94 on Thursday. The firm has a 50-day simple moving average of $61.09 and a two-hundred day simple moving average of $59.61. The firm has a market cap of $1.18 billion, a P/E ratio of 19.49 and a beta of 0.76. JPMorgan Active Value ETF has a fifty-two week low of $48.47 and a fifty-two week high of $63.22.

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.