Gemmer Asset Management LLC Sells 3,080 Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA)

Gemmer Asset Management LLC lowered its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 3.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,742 shares of the company’s stock after selling 3,080 shares during the quarter. Gemmer Asset Management LLC owned about 0.41% of JPMorgan Active Value ETF worth $4,984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Active Value ETF by 75.1% during the second quarter. Envestnet Asset Management Inc. now owns 88,170 shares of the company’s stock valued at $5,225,000 after buying an additional 37,829 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in shares of JPMorgan Active Value ETF by 5.2% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 24,170 shares of the company’s stock worth $1,432,000 after acquiring an additional 1,198 shares in the last quarter. Commonwealth Financial Services LLC lifted its position in JPMorgan Active Value ETF by 30.7% during the second quarter. Commonwealth Financial Services LLC now owns 92,042 shares of the company’s stock valued at $5,444,000 after acquiring an additional 21,634 shares during the last quarter. Ascent Group LLC boosted its stake in JPMorgan Active Value ETF by 15.7% in the second quarter. Ascent Group LLC now owns 13,904 shares of the company’s stock valued at $824,000 after acquiring an additional 1,884 shares in the last quarter. Finally, Gateway Wealth Partners LLC grew its holdings in JPMorgan Active Value ETF by 12.5% in the second quarter. Gateway Wealth Partners LLC now owns 7,626 shares of the company’s stock worth $452,000 after purchasing an additional 850 shares during the last quarter.

JPMorgan Active Value ETF Trading Up 0.6 %

Shares of JAVA stock opened at $65.59 on Monday. The company has a market cap of $1.25 billion, a PE ratio of 19.49 and a beta of 0.76. JPMorgan Active Value ETF has a 12-month low of $54.11 and a 12-month high of $68.77. The business’s fifty day simple moving average is $65.67 and its 200-day simple moving average is $63.66.

JPMorgan Active Value ETF 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.