JPMorgan Active Value ETF $JAVA Shares Bought by Orrstown Financial Services Inc.

Orrstown Financial Services Inc. boosted its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 1.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 864,654 shares of the company’s stock after buying an additional 15,813 shares during the quarter. JPMorgan Active Value ETF makes up 10.2% of Orrstown Financial Services Inc.’s holdings, making the stock its 3rd largest holding. Orrstown Financial Services Inc.’s holdings in JPMorgan Active Value ETF were worth $68,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its stake in JPMorgan Active Value ETF by 1.7% during the first quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock worth $933,000 after buying an additional 245 shares in the last quarter. Creative Planning bought a new stake in shares of JPMorgan Active Value ETF in the 2nd quarter worth about $269,000. Flow Traders U.S. LLC bought a new stake in JPMorgan Active Value ETF during the second quarter worth about $324,000. Cary Street Partners Financial LLC boosted its holdings in shares of JPMorgan Active Value ETF by 13.3% in the 2nd quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock worth $119,000 after acquiring an additional 212 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in JPMorgan Active Value ETF in the second quarter worth $127,000. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

Shares of NYSEARCA:JAVA opened at $83.67 on Tuesday. The firm has a market cap of $7.16 billion, a PE ratio of -91.95 and a beta of 0.77. JPMorgan Active Value ETF has a twelve month low of $65.17 and a twelve month high of $83.76. The business has a fifty day moving average of $79.96 and a 200-day moving average of $76.61.

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.