Alliance Wealth Advisors LLC Boosts Holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Alliance Wealth Advisors LLC grew its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 6.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 47,118 shares of the company’s stock after buying an additional 2,752 shares during the quarter. JPMorgan Active Value ETF accounts for 1.7% of Alliance Wealth Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Alliance Wealth Advisors LLC owned 0.25% of JPMorgan Active Value ETF worth $2,983,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in JPMorgan Active Value ETF by 63.2% during 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 in the last quarter. Janney Montgomery Scott LLC increased its position in JPMorgan Active Value ETF by 20.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,426,359 shares of the company’s stock worth $90,289,000 after purchasing an additional 246,794 shares in the last quarter. Tyler Stone Wealth Management raised its stake in JPMorgan Active Value ETF by 149.0% in the 3rd quarter. Tyler Stone Wealth Management now owns 159,193 shares of the company’s stock valued at $10,200,000 after purchasing an additional 95,252 shares during the last quarter. Exchange Traded Concepts LLC purchased a new position in JPMorgan Active Value ETF in the 4th quarter valued at about $5,831,000. Finally, Orrstown Financial Services Inc. acquired a new stake in shares of JPMorgan Active Value ETF during the 4th quarter worth about $5,476,000.

JPMorgan Active Value ETF Price Performance

Shares of NYSEARCA JAVA opened at $66.11 on Friday. The company has a market cap of $1.26 billion, a PE ratio of 19.49 and a beta of 0.76. The company has a 50-day simple moving average of $65.32 and a 200-day simple moving average of $64.24. JPMorgan Active Value ETF has a 12 month low of $55.14 and a 12 month high of $68.77.

JPMorgan Active Value ETF 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.