Financial Connections Group Inc. Has $565,000 Stock Position in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Financial Connections Group Inc. decreased its stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 55.9% during the 1st quarter, HoldingsChannel reports. The fund owned 9,427 shares of the company’s stock after selling 11,969 shares during the period. JPMorgan Active Value ETF comprises approximately 0.6% of Financial Connections Group Inc.’s portfolio, making the stock its 19th biggest holding. Financial Connections Group Inc.’s holdings in JPMorgan Active Value ETF were worth $565,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Avior Wealth Management LLC lifted 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 valued at $42,050,000 after acquiring an additional 156,415 shares during the period. Janney Montgomery Scott LLC boosted its position in JPMorgan Active Value ETF by 21.0% in the first quarter. Janney Montgomery Scott LLC now owns 745,094 shares of the company’s stock valued at $44,624,000 after buying an additional 129,523 shares in the last quarter. Steph & Co. acquired a new position in JPMorgan Active Value ETF in the first quarter valued at about $36,071,000. Commonwealth Equity Services LLC boosted its position in JPMorgan Active Value ETF by 69.5% in the first quarter. Commonwealth Equity Services LLC now owns 546,577 shares of the company’s stock valued at $32,735,000 after buying an additional 224,055 shares in the last quarter. Finally, Raymond James & Associates boosted its position in JPMorgan Active Value ETF by 7.2% in the first quarter. Raymond James & Associates now owns 485,005 shares of the company’s stock valued at $29,047,000 after buying an additional 32,370 shares in the last quarter.

JPMorgan Active Value ETF Stock Up 1.0 %

NYSEARCA:JAVA traded up $0.61 on Thursday, reaching $60.37. The stock had a trading volume of 150,509 shares, compared to its average volume of 135,287. The company has a market capitalization of $1.15 billion, a P/E ratio of 19.49 and a beta of 0.76. JPMorgan Active Value ETF has a 1-year low of $48.47 and a 1-year high of $60.54. The stock has a fifty day moving average price of $59.38 and a 200-day moving average price of $57.87.

JPMorgan Active Value ETF Company 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.