JPMorgan Active Value ETF (NYSEARCA:JAVA) Sees Significant Increase in Short Interest

JPMorgan Active Value ETF (NYSEARCA:JAVA) was the recipient of 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. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 376,627 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On JPMorgan Active Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Fortis Group Advisors LLC bought a new position in JPMorgan Active Value ETF in the 4th quarter valued at about $3,194,000. Triad Wealth Partners LLC lifted its holdings in shares of JPMorgan Active Value ETF by 12.9% during the 1st quarter. Triad Wealth Partners LLC now owns 69,375 shares of the company’s stock worth $4,978,000 after acquiring an additional 7,906 shares during the period. Unique Wealth LLC boosted its position in shares of JPMorgan Active Value ETF by 40.2% during the 1st quarter. Unique Wealth LLC now owns 399,057 shares of the company’s stock worth $28,632,000 after acquiring an additional 114,440 shares in the last quarter. Twin Peaks Wealth Advisors LLC boosted its position in shares of JPMorgan Active Value ETF by 61.9% during the 4th quarter. Twin Peaks Wealth Advisors LLC now owns 17,290 shares of the company’s stock worth $1,329,000 after acquiring an additional 6,608 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its position in shares of JPMorgan Active Value ETF by 3.5% during the 1st quarter. Kestra Advisory Services LLC now owns 616,428 shares of the company’s stock worth $44,229,000 after acquiring an additional 20,932 shares in the last quarter. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Up 0.8%

Shares of JAVA traded up $0.66 during trading hours on Friday, hitting $82.22. 288,206 shares of the company were exchanged, compared to its average volume of 430,135. 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 $7.04 billion, a price-to-earnings ratio of -90.35 and a beta of 0.77. The firm’s fifty day moving average is $81.93 and its 200 day moving average is $77.81.

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.