Sugar Maple Asset Management LLC Grows Stock Holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Sugar Maple Asset Management LLC boosted its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 19.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 18,389 shares of the company’s stock after buying an additional 2,933 shares during the quarter. JPMorgan Active Value ETF comprises about 0.9% of Sugar Maple Asset Management LLC’s portfolio, making the stock its 25th largest holding. Sugar Maple Asset Management LLC’s holdings in JPMorgan Active Value ETF were worth $1,164,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cetera Investment Advisers increased its stake in shares of JPMorgan Active Value ETF by 2,965.2% during the 2nd quarter. Cetera Investment Advisers now owns 811,564 shares of the company’s stock worth $48,093,000 after purchasing an additional 785,087 shares in the last quarter. JPMorgan Chase & Co. boosted 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 purchasing an additional 534,561 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of JPMorgan Active Value ETF during the 2nd quarter valued at $13,353,000. Janney Montgomery Scott LLC lifted its holdings in shares of JPMorgan Active Value ETF by 23.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 1,179,565 shares of the company’s stock valued at $75,575,000 after acquiring an additional 223,478 shares in the last quarter. Finally, Tyler Stone Wealth Management lifted its holdings in shares of JPMorgan Active Value ETF by 149.0% during the 3rd quarter. Tyler Stone Wealth Management now owns 159,193 shares of the company’s stock valued at $10,200,000 after acquiring an additional 95,252 shares in the last quarter.

JPMorgan Active Value ETF Price Performance

JPMorgan Active Value ETF stock opened at $65.59 on Tuesday. JPMorgan Active Value ETF has a 12-month low of $54.11 and a 12-month high of $68.77. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 19.49 and a beta of 0.76. The firm’s fifty day moving average price is $65.63 and its 200 day moving average price is $63.70.

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.