JPMorgan Active Value ETF (NYSEARCA:JAVA) Reaches New 52-Week High – What’s Next?

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

JPMorgan Active Value ETF Price Performance

The company has a market cap of $7.06 billion, a PE ratio of -90.60 and a beta of 0.78. The company has a 50-day moving average price of $79.25 and a two-hundred day moving average price of $76.24.

Institutional Trading of JPMorgan Active Value ETF

Several large investors have recently bought and sold shares of JAVA. International Assets Investment Management LLC acquired a new position in shares of JPMorgan Active Value ETF during the fourth quarter worth $32,000. Quadrant Capital Group LLC purchased a new position in shares of JPMorgan Active Value ETF in the fourth quarter valued at $32,000. Wilmington Savings Fund Society FSB acquired a new stake in JPMorgan Active Value ETF during the 3rd quarter valued at $33,000. Fairway Wealth LLC acquired a new stake in JPMorgan Active Value ETF during the 4th quarter valued at $37,000. Finally, Greenline Wealth Management LLC purchased a new stake in JPMorgan Active Value ETF during the 4th quarter worth $45,000. Institutional investors and hedge funds 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.