M.E. Allison & CO. Inc. Invests $515,000 in JPMorgan Active Value ETF (NYSEARCA:JAVA)

M.E. Allison & CO. Inc. acquired a new position in JPMorgan Active Value ETF (NYSEARCA:JAVA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,141 shares of the company’s stock, valued at approximately $515,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Gladstone Institutional Advisory LLC increased its position in JPMorgan Active Value ETF by 5.6% during the third quarter. Gladstone Institutional Advisory LLC now owns 3,818 shares of the company’s stock worth $245,000 after acquiring an additional 203 shares during the period. Ignite Planners LLC increased its position in JPMorgan Active Value ETF by 7.3% during the third quarter. Ignite Planners LLC now owns 4,311 shares of the company’s stock worth $276,000 after acquiring an additional 294 shares during the period. LGT Financial Advisors LLC increased its position 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 acquiring an additional 403 shares during the period. D.A. Davidson & CO. increased its position in JPMorgan Active Value ETF by 1.5% during the third quarter. D.A. Davidson & CO. now owns 29,425 shares of the company’s stock worth $1,885,000 after acquiring an additional 433 shares during the period. Finally, Gateway Wealth Partners LLC increased its holdings in JPMorgan Active Value ETF by 12.5% in the 2nd quarter. Gateway Wealth Partners LLC now owns 7,626 shares of the company’s stock valued at $452,000 after buying an additional 850 shares during the period.

JPMorgan Active Value ETF Price Performance

Shares of JPMorgan Active Value ETF stock opened at $65.59 on Monday. The firm has a market capitalization of $1.25 billion, a PE ratio of 19.49 and a beta of 0.76. The company’s fifty day moving average price is $65.67 and its two-hundred day moving average price is $63.66. JPMorgan Active Value ETF has a 52-week low of $54.11 and a 52-week 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.