JPMorgan Active Value ETF (NYSEARCA:JAVA) Sees Strong Trading Volume – What’s Next?

JPMorgan Active Value ETF (NYSEARCA:JAVA) saw an uptick in trading volume on Thursday . 2,662,675 shares were traded during mid-day trading, an increase of 508% from the previous session’s volume of 437,988 shares.The stock last traded at $79.40 and had previously closed at $80.05.

JPMorgan Active Value ETF Stock Performance

The firm has a market capitalization of $6.69 billion, a PE ratio of -87.21 and a beta of 0.78. The company’s 50-day moving average price is $78.62 and its 200-day moving average price is $75.91.

Institutional Trading of JPMorgan Active Value ETF

A number of institutional investors have recently bought and sold shares of JAVA. JPMorgan Chase & Co. raised its position in shares of JPMorgan Active Value ETF by 27.8% during the 4th quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock worth $1,463,175,000 after acquiring an additional 4,437,690 shares in the last quarter. LPL Financial LLC boosted its holdings in JPMorgan Active Value ETF by 9.3% in the fourth quarter. LPL Financial LLC now owns 6,262,663 shares of the company’s stock valued at $449,158,000 after purchasing an additional 531,461 shares in the last quarter. Dynasty Wealth Management LLC increased its stake in JPMorgan Active Value ETF by 27.0% in the fourth quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock valued at $342,568,000 after purchasing an additional 1,014,584 shares during the last quarter. Ameriprise Financial Inc. increased its stake in JPMorgan Active Value ETF by 3.3% in the third quarter. Ameriprise Financial Inc. now owns 2,531,360 shares of the company’s stock valued at $174,520,000 after purchasing an additional 81,880 shares during the last quarter. Finally, Morgan Stanley raised its holdings in JPMorgan Active Value ETF by 9.9% during the fourth quarter. Morgan Stanley now owns 1,793,105 shares of the company’s stock worth $128,602,000 after purchasing an additional 161,648 shares in the last quarter. 43.07% of the stock is owned by hedge funds and other institutional investors.

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.