Alliance Wealth Advisors LLC Acquires 2,752 Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA)

Alliance Wealth Advisors LLC increased its holdings in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 6.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 47,118 shares of the company’s stock after acquiring an additional 2,752 shares during the period. JPMorgan Active Value ETF accounts for approximately 1.7% of Alliance Wealth Advisors LLC’s portfolio, making the stock its 11th biggest position. Alliance Wealth Advisors LLC’s holdings in JPMorgan Active Value ETF were worth $2,983,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in JAVA. Farmers & Merchants Investments Inc. acquired a new position in shares of JPMorgan Active Value ETF during the 4th quarter worth approximately $25,000. LGT Financial Advisors LLC increased its holdings in JPMorgan Active Value ETF by 53.9% during the third quarter. LGT Financial Advisors LLC now owns 1,151 shares of the company’s stock worth $74,000 after buying an additional 403 shares during the last quarter. Geneos Wealth Management Inc. raised its position in JPMorgan Active Value ETF by 6.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,595 shares of the company’s stock worth $164,000 after acquiring an additional 153 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in JPMorgan Active Value ETF in the third quarter valued at $213,000. Finally, SeaCrest Wealth Management LLC bought a new position in shares of JPMorgan Active Value ETF in the 3rd quarter valued at about $232,000.

JPMorgan Active Value ETF Stock Performance

Shares of JAVA stock opened at $66.11 on Friday. JPMorgan Active Value ETF has a 52-week low of $55.14 and a 52-week high of $68.77. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 19.49 and a beta of 0.76. The firm’s 50-day moving average is $65.32 and its 200-day moving average is $64.24.

JPMorgan Active Value ETF Company 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.