HighTower Advisors LLC Grows Stock Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

HighTower Advisors LLC grew its holdings in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 2.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 54,024 shares of the company’s stock after purchasing an additional 1,052 shares during the quarter. HighTower Advisors LLC owned approximately 0.28% of JPMorgan Active Value ETF worth $3,420,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Oak Harbor Wealth Partners LLC purchased a new stake in shares of JPMorgan Active Value ETF during the 4th quarter valued at about $238,000. PNC Financial Services Group Inc. increased its position in shares of JPMorgan Active Value ETF by 41.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 88,171 shares of the company’s stock valued at $5,581,000 after purchasing an additional 26,030 shares during the last quarter. Vestmark Advisory Solutions Inc. increased its position in shares of JPMorgan Active Value ETF by 23.4% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 559,905 shares of the company’s stock valued at $35,442,000 after purchasing an additional 106,200 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of JPMorgan Active Value ETF during the 4th quarter valued at about $32,941,000. Finally, Atria Investments Inc purchased a new stake in shares of JPMorgan Active Value ETF during the 4th quarter valued at about $1,741,000.

JPMorgan Active Value ETF Trading Down 0.2 %

JPMorgan Active Value ETF stock opened at $64.02 on Friday. The firm has a 50 day moving average of $65.22 and a 200 day moving average of $64.97. The firm has a market capitalization of $2.91 billion, a price-to-earnings ratio of 20.00 and a beta of 0.84. JPMorgan Active Value ETF has a 12-month low of $56.72 and a 12-month 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.