Susquehanna International Group LLP Reduces Holdings in JPMorgan Active Value ETF $JAVA

Susquehanna International Group LLP lowered its position in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 47.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 11,618 shares of the company’s stock after selling 10,566 shares during the period. Susquehanna International Group LLP’s holdings in JPMorgan Active Value ETF were worth $923,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in JAVA. International Assets Investment Management LLC bought a new position in JPMorgan Active Value ETF during the 4th quarter valued at about $32,000. Quadrant Capital Group LLC bought a new stake in JPMorgan Active Value ETF in the fourth quarter worth about $32,000. Wilmington Savings Fund Society FSB purchased a new position in shares of JPMorgan Active Value ETF during the third quarter valued at approximately $33,000. Greenline Wealth Management LLC purchased a new position in shares of JPMorgan Active Value ETF during the fourth quarter valued at approximately $45,000. Finally, Cary Street Partners Financial LLC grew its stake in shares of 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 valued at $119,000 after buying an additional 212 shares during the last quarter. 43.07% of the stock is currently owned by institutional investors.

JPMorgan Active Value ETF Stock Performance

Shares of NYSEARCA JAVA opened at $83.25 on Monday. The business’s 50 day moving average price is $81.34 and its 200-day moving average price is $77.38. JPMorgan Active Value ETF has a fifty-two week low of $67.14 and a fifty-two week high of $84.06. The company has a market cap of $7.13 billion, a price-to-earnings ratio of -91.48 and a beta of 0.77.

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.