Raymond James Financial Inc. Buys New Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Raymond James Financial Inc. bought a new stake in JPMorgan Active Value ETF (NYSEARCA:JAVAFree Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 520,388 shares of the company’s stock, valued at approximately $32,941,000. Raymond James Financial Inc. owned 2.72% of JPMorgan Active Value ETF as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Active Value ETF by 63.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,466 shares of the company’s stock valued at $88,447,000 after buying an additional 534,561 shares during the period. Janney Montgomery Scott LLC increased its stake in JPMorgan Active Value ETF by 20.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,426,359 shares of the company’s stock valued at $90,289,000 after purchasing an additional 246,794 shares in the last quarter. Jones Financial Companies Lllp increased its stake in JPMorgan Active Value ETF by 113.5% in the 4th quarter. Jones Financial Companies Lllp now owns 184,815 shares of the company’s stock valued at $11,699,000 after purchasing an additional 98,255 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in JPMorgan Active Value ETF in the 4th quarter valued at approximately $5,831,000. Finally, Orrstown Financial Services Inc. purchased a new position in JPMorgan Active Value ETF in the 4th quarter valued at approximately $5,476,000.

JPMorgan Active Value ETF Price Performance

NYSEARCA JAVA opened at $61.90 on Friday. JPMorgan Active Value ETF has a 1-year low of $56.72 and a 1-year high of $68.77. The company has a market capitalization of $2.82 billion, a P/E ratio of 20.00 and a beta of 0.84. The business has a 50 day moving average price of $65.28 and a 200 day moving average price of $64.96.

About JPMorgan Active Value ETF

(Free Report)

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.

Read More

Institutional Ownership by Quarter for JPMorgan Active Value ETF (NYSEARCA:JAVA)

Receive News & Ratings for JPMorgan Active Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Active Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.