Worth Financial Advisory Group LLC Acquires 660 Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA)

Worth Financial Advisory Group LLC lifted its holdings in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 9.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,352 shares of the company’s stock after purchasing an additional 660 shares during the quarter. Worth Financial Advisory Group LLC’s holdings in JPMorgan Active Value ETF were worth $465,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Geneos Wealth Management Inc. raised its holdings in JPMorgan Active Value ETF by 6.3% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,595 shares of the company’s stock worth $164,000 after buying an additional 153 shares during the period. Private Trust Co. NA increased its position in shares of JPMorgan Active Value ETF by 11.8% during the fourth quarter. Private Trust Co. NA now owns 3,315 shares of the company’s stock worth $210,000 after acquiring an additional 350 shares in the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of JPMorgan Active Value ETF by 8.1% during the fourth quarter. J.W. Cole Advisors Inc. now owns 5,083 shares of the company’s stock worth $322,000 after acquiring an additional 379 shares during the period. Farmers & Merchants Investments Inc. bought a new stake in JPMorgan Active Value ETF in the 4th quarter valued at $25,000. Finally, D.A. Davidson & CO. boosted its stake in JPMorgan Active Value ETF by 1.5% in the 3rd quarter. D.A. Davidson & CO. now owns 29,425 shares of the company’s stock worth $1,885,000 after purchasing an additional 433 shares during the period.

JPMorgan Active Value ETF Price Performance

JAVA opened at $64.07 on Thursday. The company has a market capitalization of $3.17 billion, a price-to-earnings ratio of 20.13 and a beta of 0.84. The business’s 50-day moving average price is $65.24 and its two-hundred day moving average price is $65.04. JPMorgan Active Value ETF has a 1 year low of $56.72 and a 1 year high of $68.77.

JPMorgan Active Value ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be paid a $0.1689 dividend. The ex-dividend date is Tuesday, March 25th.

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.