JPMorgan Chase & Co. Buys 4,437,690 Shares of JPMorgan Active Value ETF $JAVA

JPMorgan Chase & Co. grew its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 27.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 20,401,214 shares of the company’s stock after purchasing an additional 4,437,690 shares during the quarter. JPMorgan Chase & Co. owned 0.27% of JPMorgan Active Value ETF worth $1,463,175,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC bought a new stake in shares of JPMorgan Active Value ETF during the fourth quarter valued at approximately $32,000. Wilmington Savings Fund Society FSB bought a new stake in shares of JPMorgan Active Value ETF during the third quarter valued at approximately $33,000. Fairway Wealth LLC bought a new stake in shares of JPMorgan Active Value ETF during the fourth quarter valued at approximately $37,000. Richards Merrill & Peterson Inc. bought a new stake in shares of JPMorgan Active Value ETF during the fourth quarter valued at approximately $73,000. Finally, Cary Street Partners Financial LLC raised its position in shares of JPMorgan Active Value ETF by 13.3% during the second quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock valued at $119,000 after buying an additional 212 shares during the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

JPMorgan Active Value ETF stock opened at $77.23 on Tuesday. The stock has a market cap of $6.80 billion, a P/E ratio of -84.87 and a beta of 0.78. JPMorgan Active Value ETF has a 1 year low of $63.67 and a 1 year high of $78.52. The firm’s 50 day moving average price is $75.35 and its 200-day moving average price is $74.05.

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.