Commonwealth Equity Services LLC Purchases 133,671 Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA)

Commonwealth Equity Services LLC raised its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 21.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 760,356 shares of the company’s stock after acquiring an additional 133,671 shares during the quarter. Commonwealth Equity Services LLC owned approximately 3.98% of JPMorgan Active Value ETF worth $48,131,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of JAVA. JPMorgan Chase & Co. raised 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 buying an additional 534,561 shares during the period. Raymond James Financial Inc. bought a new position in shares of JPMorgan Active Value ETF in the fourth quarter worth about $32,941,000. Janney Montgomery Scott LLC raised its stake in shares of JPMorgan Active Value ETF by 20.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,426,359 shares of the company’s stock worth $90,289,000 after buying an additional 246,794 shares during the period. Vestmark Advisory Solutions Inc. raised its stake in shares of JPMorgan Active Value ETF by 23.4% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 559,905 shares of the company’s stock worth $35,442,000 after buying an additional 106,200 shares during the period. Finally, Jones Financial Companies Lllp raised its stake in shares of JPMorgan Active Value ETF by 113.5% in the fourth quarter. Jones Financial Companies Lllp now owns 184,815 shares of the company’s stock worth $11,699,000 after buying an additional 98,255 shares during the period.

JPMorgan Active Value ETF Stock Up 1.8 %

NYSEARCA JAVA opened at $63.03 on Friday. The stock’s 50-day moving average price is $65.25 and its 200-day moving average price is $64.94. JPMorgan Active Value ETF has a 52 week low of $56.72 and a 52 week high of $68.77. The company has a market capitalization of $2.87 billion, a P/E ratio of 20.00 and a beta of 0.84.

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.