JPMorgan Active Value ETF (NYSEARCA:JAVA) Short Interest Update

JPMorgan Active Value ETF (NYSEARCA:JAVA) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 225,651 shares, an increase of 226.8% from the August 15th total of 69,052 shares. Based on an average daily volume of 376,627 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Investors Weigh In On JPMorgan Active Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Active Value ETF by 27.8% during the 4th quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock valued at $1,463,175,000 after acquiring an additional 4,437,690 shares in the last quarter. LPL Financial LLC grew its stake in JPMorgan Active Value ETF by 9.3% in the fourth quarter. LPL Financial LLC now owns 6,262,663 shares of the company’s stock valued at $449,158,000 after purchasing an additional 531,461 shares in the last quarter. Dynasty Wealth Management LLC grew its stake in JPMorgan Active Value ETF by 27.0% in the fourth quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock valued at $342,568,000 after purchasing an additional 1,014,584 shares in the last quarter. Ameriprise Financial Inc. increased its position in JPMorgan Active Value ETF by 3.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,531,360 shares of the company’s stock worth $174,520,000 after purchasing an additional 81,880 shares during the last quarter. Finally, Morgan Stanley increased its position in JPMorgan Active Value ETF by 9.9% in the 4th quarter. Morgan Stanley now owns 1,793,105 shares of the company’s stock worth $128,602,000 after purchasing an additional 161,648 shares during the last quarter. Hedge funds and other institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

JPMorgan Active Value ETF stock traded up $0.06 during mid-day trading on Monday, hitting $82.28. The company’s stock had a trading volume of 52,247 shares, compared to its average volume of 428,309. JPMorgan Active Value ETF has a 52-week low of $67.14 and a 52-week high of $84.06. The company has a market cap of $7.04 billion, a PE ratio of -90.46 and a beta of 0.77. The firm’s 50 day moving average is $81.93 and its 200 day moving average is $77.82.

About JPMorgan Active Value ETF

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.