PNC Financial Services Group Inc. Has $69.86 Million Stock Position in JPMorgan Active Value ETF $JAVA

PNC Financial Services Group Inc. cut its stake in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 6.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 973,671 shares of the company’s stock after selling 61,935 shares during the quarter. PNC Financial Services Group Inc.’s holdings in JPMorgan Active Value ETF were worth $69,861,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of JAVA. Moneco Advisors LLC increased its position in JPMorgan Active Value ETF by 1.6% during the fourth quarter. Moneco Advisors LLC now owns 9,300 shares of the company’s stock worth $667,000 after buying an additional 143 shares during the last quarter. Private Trust Co. NA lifted its position in JPMorgan Active Value ETF by 1.2% during the fourth quarter. Private Trust Co. NA now owns 12,634 shares of the company’s stock worth $906,000 after acquiring an additional 149 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of JPMorgan Active Value ETF by 8.5% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,219 shares of the company’s stock worth $165,000 after acquiring an additional 174 shares during the period. Quotient Wealth Partners LLC boosted its holdings in shares of JPMorgan Active Value ETF by 0.8% during the fourth quarter. Quotient Wealth Partners LLC now owns 24,169 shares of the company’s stock worth $1,733,000 after acquiring an additional 198 shares during the period. Finally, Cary Street Partners Financial LLC grew its position in shares of JPMorgan Active Value ETF by 13.3% in the second quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock valued at $119,000 after purchasing an additional 212 shares during the last quarter. 43.07% of the stock is owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Price Performance

Shares of NYSEARCA JAVA opened at $79.47 on Friday. The firm has a market cap of $6.71 billion, a price-to-earnings ratio of -87.33 and a beta of 0.78. The stock’s fifty day moving average price is $78.68 and its two-hundred day moving average price is $75.96. JPMorgan Active Value ETF has a one year low of $64.40 and a one year high of $81.01.

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.