Orrstown Financial Services Inc. Has $68.66 Million Position in JPMorgan Active Value ETF $JAVA

Orrstown Financial Services Inc. lifted its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 1.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 864,654 shares of the company’s stock after acquiring an additional 15,813 shares during the quarter. JPMorgan Active Value ETF accounts for 10.2% of Orrstown Financial Services Inc.’s portfolio, making the stock its 3rd largest holding. Orrstown Financial Services Inc. owned 1.03% of JPMorgan Active Value ETF worth $68,662,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. International Assets Investment Management LLC purchased a new position in shares of JPMorgan Active Value ETF in the fourth quarter worth approximately $32,000. Quadrant Capital Group LLC acquired a new position in JPMorgan Active Value ETF in the 4th quarter valued at approximately $32,000. Wilmington Savings Fund Society FSB purchased a new position in shares of JPMorgan Active Value ETF during the 3rd quarter valued at $33,000. Fairway Wealth LLC purchased a new position in JPMorgan Active Value ETF in the fourth quarter valued at about $37,000. Finally, Greenline Wealth Management LLC purchased a new stake in shares of JPMorgan Active Value ETF during the 4th quarter worth about $45,000. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Up 0.2%

NYSEARCA JAVA opened at $83.67 on Tuesday. The company has a 50 day moving average price of $79.96 and a two-hundred day moving average price of $76.61. JPMorgan Active Value ETF has a 12-month low of $65.17 and a 12-month high of $83.76. The stock has a market capitalization of $7.16 billion, a PE ratio of -91.95 and a beta of 0.77.

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.