JPMorgan Active Value ETF (NYSEARCA:JAVA) Shares Sold by Krilogy Financial LLC

Krilogy Financial LLC trimmed its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 8.6% in the 1st quarter, Holdings Channel.com reports. The fund owned 11,802 shares of the company’s stock after selling 1,109 shares during the quarter. Krilogy Financial LLC’s holdings in JPMorgan Active Value ETF were worth $707,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in JAVA. LPL Financial LLC lifted its stake in shares of JPMorgan Active Value ETF by 102.0% during the third quarter. LPL Financial LLC now owns 1,604,146 shares of the company’s stock worth $82,229,000 after buying an additional 810,183 shares during the period. Steph & Co. purchased a new position in shares of JPMorgan Active Value ETF during the first quarter worth $36,071,000. Avior Wealth Management LLC raised its holdings in shares of JPMorgan Active Value ETF by 26.1% during the fourth quarter. Avior Wealth Management LLC now owns 756,031 shares of the company’s stock worth $42,050,000 after purchasing an additional 156,415 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of JPMorgan Active Value ETF by 33.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 615,571 shares of the company’s stock worth $34,238,000 after purchasing an additional 153,311 shares during the last quarter. Finally, Stifel Financial Corp raised its holdings in shares of JPMorgan Active Value ETF by 117.0% during the third quarter. Stifel Financial Corp now owns 284,030 shares of the company’s stock worth $14,559,000 after purchasing an additional 153,163 shares during the last quarter.

JPMorgan Active Value ETF Stock Performance

Shares of JPMorgan Active Value ETF stock traded down $0.83 during trading on Thursday, hitting $59.26. 611,213 shares of the company’s stock were exchanged, compared to its average volume of 130,104. The business has a 50-day simple moving average of $58.84 and a 200-day simple moving average of $56.36. JPMorgan Active Value ETF has a 52-week low of $48.47 and a 52-week high of $60.54. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of 19.49 and a beta of 0.76.

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.