JPMorgan Active Value ETF (NYSEARCA:JAVA) Sees Strong Trading Volume – Here’s What Happened

Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) saw unusually-strong trading volume on Wednesday . Approximately 1,057,319 shares traded hands during trading, an increase of 151% from the previous session’s volume of 421,393 shares.The stock last traded at $63.93 and had previously closed at $64.14.

JPMorgan Active Value ETF Stock Down 0.4 %

The firm has a market cap of $3.17 billion, a PE ratio of 20.13 and a beta of 0.84. The company has a 50-day simple moving average of $65.25 and a two-hundred day simple moving average of $65.05.

JPMorgan Active Value ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be issued a $0.1689 dividend. The ex-dividend date is Tuesday, March 25th.

Institutional Investors Weigh In On JPMorgan Active Value ETF

Several large investors have recently modified their holdings of JAVA. Farmers & Merchants Investments Inc. bought a new position in JPMorgan Active Value ETF during the fourth quarter worth about $25,000. Centricity Wealth Management LLC bought a new stake in JPMorgan Active Value ETF during the 4th quarter valued at $39,000. Assetmark Inc. grew its position in shares of JPMorgan Active Value ETF by 2,402.6% in the fourth quarter. Assetmark Inc. now owns 976 shares of the company’s stock valued at $62,000 after purchasing an additional 937 shares in the last quarter. Cary Street Partners Financial LLC purchased a new stake in JPMorgan Active Value ETF during the 4th quarter worth about $101,000. Finally, WR Wealth Planners LLC bought a new position in shares of JPMorgan Active Value ETF in the fourth quarter worth $115,000.

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.