Massmutual Trust Co. FSB ADV Sells 1,041 Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA)

Massmutual Trust Co. FSB ADV lowered its position in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 3.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,753 shares of the company’s stock after selling 1,041 shares during the quarter. Massmutual Trust Co. FSB ADV owned 0.13% of JPMorgan Active Value ETF worth $1,526,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of JAVA. DAVENPORT & Co LLC grew its stake in JPMorgan Active Value ETF by 40.1% during the fourth quarter. DAVENPORT & Co LLC now owns 9,568 shares of the company’s stock valued at $532,000 after acquiring an additional 2,737 shares in the last quarter. Private Trust Co. NA raised its position in JPMorgan Active Value ETF by 59.7% during the fourth quarter. Private Trust Co. NA now owns 2,375 shares of the company’s stock valued at $132,000 after purchasing an additional 888 shares during the period. Stratos Wealth Partners LTD. lifted its stake in shares of JPMorgan Active Value ETF by 14.4% in the 4th quarter. Stratos Wealth Partners LTD. now owns 6,157 shares of the company’s stock valued at $342,000 after purchasing an additional 776 shares during the last quarter. Americana Partners LLC boosted its holdings in shares of JPMorgan Active Value ETF by 1.6% in the 4th quarter. Americana Partners LLC now owns 153,927 shares of the company’s stock worth $8,562,000 after purchasing an additional 2,458 shares during the period. Finally, Priebe Wealth Holdings LLC purchased a new stake in JPMorgan Active Value ETF during the 4th quarter valued at $715,000.

JPMorgan Active Value ETF Price Performance

Shares of JAVA traded up $0.68 during mid-day trading on Tuesday, reaching $59.43. 80,979 shares of the company’s stock traded hands, compared to its average volume of 139,191. The stock’s 50-day moving average is $59.85 and its two-hundred day moving average is $58.59. JPMorgan Active Value ETF has a 12 month low of $48.47 and a 12 month high of $62.23. The stock has a market cap of $1.14 billion, a P/E 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.