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

Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) saw unusually-high trading volume on Wednesday . 354,233 shares changed 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 Trading Up 0.7%

The company has a market capitalization of $6.98 billion, a price-to-earnings ratio of -87.11 and a beta of 0.78. The business’s 50 day moving average price is $76.77 and its two-hundred day moving average price is $74.72.

Institutional Trading of JPMorgan Active Value ETF

Hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Active Value ETF by 27.8% during the fourth 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 in the last quarter. OpenArc Corporate Advisory LLC acquired a new stake in shares of JPMorgan Active Value ETF during the 4th quarter valued at $116,506,000. Dynasty Wealth Management LLC boosted its holdings in shares of JPMorgan Active Value ETF by 27.0% during the 4th quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock valued at $342,568,000 after acquiring an additional 1,014,584 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of JPMorgan Active Value ETF by 117.0% during the 1st quarter. Bank of America Corp DE now owns 1,771,693 shares of the company’s stock valued at $127,119,000 after acquiring an additional 955,074 shares in the last quarter. Finally, Royal Bank of Canada grew its position in JPMorgan Active Value ETF by 83.6% during the 1st quarter. Royal Bank of Canada now owns 1,200,108 shares of the company’s stock worth $86,107,000 after acquiring an additional 546,593 shares during 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.