Lake Street Private Wealth LLC Has $840,000 Position in 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 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,112 shares of the company’s stock after buying an additional 1,952 shares during the quarter. Lake Street Private Wealth LLC’s holdings in JPMorgan Active Value ETF were worth $840,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JAVA. Strategic Financial Concepts LLC acquired a new position in JPMorgan Active Value ETF during the 2nd quarter worth about $27,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of JPMorgan Active Value ETF in the 2nd quarter valued at about $82,000. Geneos Wealth Management Inc. acquired a new position in shares of JPMorgan Active Value ETF in the 1st quarter valued at about $95,000. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of JPMorgan Active Value ETF by 91.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 2,351 shares of the company’s stock valued at $141,000 after purchasing an additional 1,125 shares during the period. Finally, Firethorn Wealth Partners LLC acquired a new position in shares of JPMorgan Active Value ETF in the 1st quarter valued at about $202,000.

JPMorgan Active Value ETF Trading Down 0.4 %

JAVA stock traded down $0.25 during trading on Wednesday, reaching $64.74. 22,615 shares of the stock were exchanged, compared to its average volume of 131,163. The firm’s 50 day moving average is $63.21 and its 200 day moving average is $60.76. JPMorgan Active Value ETF has a twelve month low of $48.47 and a twelve month high of $65.60. The firm has a market cap of $1.24 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.