JPMorgan Active Value ETF (NYSEARCA:JAVA) Sees Large Volume Increase – Here’s Why

JPMorgan Active Value ETF (NYSEARCA:JAVA) shares saw an uptick in trading volume on Thursday . 333,725 shares were traded during mid-day trading, a decline of 23% from the previous session’s volume of 430,865 shares.The stock last traded at $77.36 and had previously closed at $77.48.

JPMorgan Active Value ETF Trading Down 0.1%

The company has a market capitalization of $6.82 billion, a P/E ratio of -85.18 and a beta of 0.79. The firm’s 50 day moving average price is $74.61 and its two-hundred day moving average price is $73.69.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Moneco Advisors LLC lifted its holdings in shares of JPMorgan Active Value ETF by 1.6% during the fourth quarter. Moneco Advisors LLC now owns 9,300 shares of the company’s stock worth $667,000 after buying an additional 143 shares in the last quarter. Private Trust Co. NA grew its stake in shares of JPMorgan Active Value ETF by 1.2% in the fourth quarter. Private Trust Co. NA now owns 12,634 shares of the company’s stock valued at $906,000 after acquiring an additional 149 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its position in JPMorgan Active Value ETF by 2.0% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 8,062 shares of the company’s stock worth $556,000 after acquiring an additional 159 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position 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 acquiring an additional 174 shares during the period. Finally, MONECO Advisors LLC raised its stake in JPMorgan Active Value ETF by 2.1% in the 3rd quarter. MONECO Advisors LLC now owns 9,157 shares of the company’s stock worth $631,000 after purchasing an additional 190 shares in the last quarter. Institutional investors and hedge funds own 43.07% of the company’s stock.

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.