JPMorgan Active Value ETF (NYSEARCA:JAVA) Hits New 1-Year High – What’s Next?

Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) reached a new 52-week high during trading on Monday . The stock traded as high as $82.68 and last traded at $82.58, with a volume of 15365 shares changing hands. The stock had previously closed at $81.56.

JPMorgan Active Value ETF Stock Performance

The business’s fifty day moving average price is $79.49 and its two-hundred day moving average price is $76.36. The firm has a market capitalization of $7.13 billion, a P/E ratio of -91.48 and a beta of 0.77.

Institutional Investors Weigh In On JPMorgan Active Value ETF

Institutional investors have recently bought and sold shares of the company. Moneco Advisors LLC lifted its holdings in shares of JPMorgan Active Value ETF by 1.6% during the 4th quarter. Moneco Advisors LLC now owns 9,300 shares of the company’s stock valued at $667,000 after purchasing an additional 143 shares during the last quarter. Private Trust Co. NA increased its position in JPMorgan Active Value ETF by 1.2% during the 4th quarter. Private Trust Co. NA now owns 12,634 shares of the company’s stock valued at $906,000 after buying an additional 149 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in JPMorgan Active Value ETF by 8.5% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,219 shares of the company’s stock valued at $165,000 after buying an additional 174 shares in the last quarter. Quotient Wealth Partners LLC raised its stake in JPMorgan Active Value ETF by 0.8% in the fourth quarter. Quotient Wealth Partners LLC now owns 24,169 shares of the company’s stock valued at $1,733,000 after buying an additional 198 shares during the last quarter. Finally, Cary Street Partners Financial LLC raised its stake 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 buying an additional 212 shares during the last quarter. 43.07% of the stock is currently owned by institutional investors and hedge funds.

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.