Gemmer Asset Management LLC Trims Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Gemmer Asset Management LLC lowered its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 3.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 78,742 shares of the company’s stock after selling 3,080 shares during the quarter. Gemmer Asset Management LLC’s holdings in JPMorgan Active Value ETF were worth $4,984,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cetera Investment Advisers grew its stake in shares of JPMorgan Active Value ETF by 2,965.2% in the 2nd quarter. Cetera Investment Advisers now owns 811,564 shares of the company’s stock valued at $48,093,000 after buying an additional 785,087 shares during the period. JPMorgan Chase & Co. grew its position in JPMorgan Active Value ETF by 63.2% in the third quarter. JPMorgan Chase & Co. now owns 1,380,466 shares of the company’s stock worth $88,447,000 after acquiring an additional 534,561 shares during the period. Sanctuary Advisors LLC acquired a new stake in JPMorgan Active Value ETF during the second quarter worth $13,353,000. Janney Montgomery Scott LLC raised its position in JPMorgan Active Value ETF by 23.4% in the third quarter. Janney Montgomery Scott LLC now owns 1,179,565 shares of the company’s stock valued at $75,575,000 after purchasing an additional 223,478 shares during the period. Finally, Tyler Stone Wealth Management lifted its stake in shares of 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.

JPMorgan Active Value ETF Trading Up 0.6 %

Shares of NYSEARCA:JAVA opened at $65.59 on Monday. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 19.49 and a beta of 0.76. JPMorgan Active Value ETF has a 12-month low of $54.11 and a 12-month high of $68.77. The business has a 50-day moving average price of $65.67 and a 200 day moving average price of $63.66.

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.