JPMorgan Active Value ETF (NYSEARCA:JAVA) Reaches New 12-Month High – Time to Buy?

JPMorgan Active Value ETF (NYSEARCA:JAVA)’s stock price hit a new 52-week high during trading on Monday . The stock 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 Trading Up 1.1%

The firm has a market capitalization of $7.06 billion, a price-to-earnings ratio of -90.60 and a beta of 0.78. The firm has a 50 day moving average price of $79.25 and a two-hundred day moving average price of $76.24.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of JAVA. International Assets Investment Management LLC acquired a new stake in shares of JPMorgan Active Value ETF in the fourth quarter worth $32,000. Quadrant Capital Group LLC acquired a new position in shares of JPMorgan Active Value ETF during the 4th quarter valued at $32,000. Wilmington Savings Fund Society FSB purchased a new stake in JPMorgan Active Value ETF during the 3rd quarter worth $33,000. Fairway Wealth LLC purchased a new stake in JPMorgan Active Value ETF during the 4th quarter worth $37,000. Finally, Greenline Wealth Management LLC acquired a new stake in JPMorgan Active Value ETF in the 4th quarter valued at $45,000. 43.07% of the stock is owned by institutional investors and hedge funds.

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.