JPMorgan Active Value ETF (NYSEARCA:JAVA) Reaches New 1-Year High – What’s Next?

JPMorgan Active Value ETF (NYSEARCA:JAVA)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $71.40 and last traded at $71.3440, with a volume of 105255 shares changing hands. The stock had previously closed at $70.79.

JPMorgan Active Value ETF Trading Up 0.2%

The firm has a market capitalization of $4.45 billion, a price-to-earnings ratio of -78.77 and a beta of 0.81. The stock’s fifty day moving average price is $69.43 and its two-hundred day moving average price is $67.18.

Institutional Trading of JPMorgan Active Value ETF

A number of institutional investors have recently bought and sold shares of the business. Wilmington Savings Fund Society FSB acquired a new position in shares of JPMorgan Active Value ETF during the 3rd quarter worth about $33,000. Total Investment Management Inc. purchased a new position in JPMorgan Active Value ETF in the second quarter valued at approximately $40,000. Ameritas Advisory Services LLC purchased a new position in JPMorgan Active Value ETF in the second quarter valued at approximately $48,000. Bank of Montreal Can raised its holdings in JPMorgan Active Value ETF by 211.0% during the second quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $48,000 after purchasing an additional 500 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new stake in shares of JPMorgan Active Value ETF during the 3rd quarter worth approximately $56,000. 43.07% of the stock is owned by hedge funds and other institutional investors.

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.