Lake Street Private Wealth LLC Buys 1,952 Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA)

Lake Street Private Wealth LLC boosted its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 17.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,112 shares of the company’s stock after acquiring an additional 1,952 shares during the period. Lake Street Private Wealth LLC owned 0.07% of JPMorgan Active Value ETF worth $840,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Litman Gregory Wealth Management LLC increased its stake in JPMorgan Active Value ETF by 16.7% during the 3rd quarter. Litman Gregory Wealth Management LLC now owns 13,645 shares of the company’s stock worth $874,000 after acquiring an additional 1,956 shares during the period. Private Advisor Group LLC increased its stake in shares of JPMorgan Active Value ETF by 61.3% in the 3rd quarter. Private Advisor Group LLC now owns 47,411 shares of the company’s stock valued at $3,038,000 after purchasing an additional 18,021 shares during the last quarter. Good Life Advisors LLC increased its stake in shares of JPMorgan Active Value ETF by 35.4% in the 3rd quarter. Good Life Advisors LLC now owns 6,496 shares of the company’s stock valued at $416,000 after purchasing an additional 1,698 shares during the last quarter. Avaii Wealth Management LLC increased its stake in shares of JPMorgan Active Value ETF by 8.1% in the 3rd quarter. Avaii Wealth Management LLC now owns 163,704 shares of the company’s stock valued at $10,488,000 after purchasing an additional 12,286 shares during the last quarter. Finally, Alliance Wealth Advisors LLC grew its position in JPMorgan Active Value ETF by 6.3% during the 3rd quarter. Alliance Wealth Advisors LLC now owns 44,366 shares of the company’s stock worth $2,843,000 after acquiring an additional 2,644 shares during the last quarter.

JPMorgan Active Value ETF Price Performance

JAVA stock traded down $0.25 during midday trading on Wednesday, reaching $64.74. 22,615 shares of the stock were exchanged, compared to its average volume of 131,163. The stock has a market capitalization of $1.24 billion, a PE ratio of 19.49 and a beta of 0.76. JPMorgan Active Value ETF has a 52 week low of $48.47 and a 52 week high of $65.60. The company has a fifty day moving average price of $63.21 and a 200 day moving average price of $60.76.

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.