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

Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) saw an uptick in trading volume on Wednesday . Approximately 354,233 shares traded hands during mid-day trading, a decline of 20% from the previous session’s volume of 441,704 shares.The stock last traded at $79.14 and had previously closed at $78.72.

JPMorgan Active Value ETF Stock Up 0.9%

The company has a market capitalization of $7.00 billion, a P/E ratio of -87.37 and a beta of 0.78. The company has a 50-day moving average of $76.95 and a two-hundred day moving average of $74.83.

Hedge Funds Weigh In On JPMorgan Active Value ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of JPMorgan Active Value ETF by 27.8% in the 4th quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock worth $1,463,175,000 after buying an additional 4,437,690 shares during the period. LPL Financial LLC lifted its position in JPMorgan Active Value ETF by 9.3% during the 4th quarter. LPL Financial LLC now owns 6,262,663 shares of the company’s stock valued at $449,158,000 after acquiring an additional 531,461 shares during the period. Dynasty Wealth Management LLC boosted its stake in JPMorgan Active Value ETF by 27.0% during the fourth quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock worth $342,568,000 after acquiring an additional 1,014,584 shares in the last quarter. Sagespring Wealth Partners LLC boosted its stake in JPMorgan Active Value ETF by 9.2% during the fourth quarter. Sagespring Wealth Partners LLC now owns 4,199,747 shares of the company’s stock worth $301,206,000 after acquiring an additional 355,013 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings 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 worth $174,520,000 after purchasing an additional 81,880 shares during the period. Hedge funds and other institutional investors own 43.07% of the company’s stock.

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.