Renaissance Technologies LLC Sells 7,300 Shares of JPMorgan Active Value ETF $JAVA

Renaissance Technologies LLC trimmed its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 67.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,600 shares of the company’s stock after selling 7,300 shares during the period. Renaissance Technologies LLC’s holdings in JPMorgan Active Value ETF were worth $258,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in JAVA. NewEdge Advisors LLC boosted its holdings in JPMorgan Active Value ETF by 1.7% during the 1st quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock worth $933,000 after acquiring an additional 245 shares during the last quarter. Creative Planning bought a new position in shares of JPMorgan Active Value ETF during the second quarter valued at about $269,000. Flow Traders U.S. LLC bought a new position in shares of JPMorgan Active Value ETF during the second quarter valued at about $324,000. Cary Street Partners Financial LLC boosted its holdings in JPMorgan Active Value ETF by 13.3% during the second quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock worth $119,000 after purchasing an additional 212 shares during the last quarter. Finally, Qube Research & Technologies Ltd purchased a new position in JPMorgan Active Value ETF during the second quarter worth about $127,000. 43.07% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Stock Up 0.6%

JAVA stock opened at $83.36 on Thursday. The firm has a market cap of $7.14 billion, a PE ratio of -91.60 and a beta of 0.77. The business has a 50 day moving average of $80.79 and a 200-day moving average of $77.03. JPMorgan Active Value ETF has a 12-month low of $66.54 and a 12-month high of $84.06.

JPMorgan Active Value ETF 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.