Envestnet Asset Management Inc. Has $5.23 Million Stock Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Envestnet Asset Management Inc. lifted its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 75.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 88,170 shares of the company’s stock after buying an additional 37,829 shares during the quarter. Envestnet Asset Management Inc. owned about 0.46% of JPMorgan Active Value ETF worth $5,225,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Steph & Co. acquired a new position in JPMorgan Active Value ETF during the 1st quarter valued at $36,071,000. Commonwealth Equity Services LLC raised its stake in JPMorgan Active Value ETF by 69.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 546,577 shares of the company’s stock valued at $32,735,000 after purchasing an additional 224,055 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in JPMorgan Active Value ETF by 21.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 745,094 shares of the company’s stock valued at $44,624,000 after purchasing an additional 129,523 shares during the last quarter. Unionview LLC acquired a new position in JPMorgan Active Value ETF during the 1st quarter valued at $7,457,000. Finally, Osaic Holdings Inc. raised its stake in JPMorgan Active Value ETF by 100.5% during the 1st quarter. Osaic Holdings Inc. now owns 202,889 shares of the company’s stock valued at $12,151,000 after purchasing an additional 101,694 shares during the last quarter.

JPMorgan Active Value ETF Price Performance

NYSEARCA:JAVA opened at $64.04 on Tuesday. The stock has a market cap of $1.22 billion, a P/E ratio of 19.49 and a beta of 0.76. JPMorgan Active Value ETF has a one year low of $48.47 and a one year high of $64.13. The company has a fifty day moving average price of $61.87 and a 200 day moving average price of $60.14.

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.