JPMorgan Active Value ETF (NYSEARCA:JAVA) Sets New 1-Year High – Here’s What Happened

JPMorgan Active Value ETF (NYSEARCA:JAVA) hit a new 52-week high on Thursday . The stock traded as high as $81.01 and last traded at $80.95, with a volume of 71526 shares traded. The stock had previously closed at $80.51.

JPMorgan Active Value ETF Stock Down 0.8%

The stock has a market capitalization of $6.78 billion, a price-to-earnings ratio of -88.15 and a beta of 0.78. The stock has a fifty day moving average of $78.40 and a 200-day moving average of $75.71.

Institutional Investors Weigh In On JPMorgan Active Value ETF

A number of institutional investors and hedge funds have recently bought and sold shares of JAVA. Moneco Advisors LLC grew its holdings in shares of JPMorgan Active Value ETF by 1.6% in the 4th quarter. Moneco Advisors LLC now owns 9,300 shares of the company’s stock worth $667,000 after acquiring an additional 143 shares during the period. Private Trust Co. NA raised its holdings in JPMorgan Active Value ETF by 1.2% during the fourth quarter. Private Trust Co. NA now owns 12,634 shares of the company’s stock worth $906,000 after purchasing an additional 149 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings in JPMorgan Active Value ETF by 8.5% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,219 shares of the company’s stock worth $165,000 after purchasing an additional 174 shares during the last quarter. Quotient Wealth Partners LLC boosted its position in JPMorgan Active Value ETF by 0.8% during the fourth quarter. Quotient Wealth Partners LLC now owns 24,169 shares of the company’s stock worth $1,733,000 after purchasing an additional 198 shares in the last quarter. Finally, Cary Street Partners Financial LLC grew its holdings in JPMorgan Active Value ETF by 13.3% in the second quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock valued at $119,000 after purchasing an additional 212 shares during the last quarter. 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.