Orrstown Financial Services Inc. Acquires 34,832 Shares of JPMorgan Active Value ETF $JAVA

Orrstown Financial Services Inc. boosted its holdings in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 4.5% in the fourth quarter, HoldingsChannel reports. The fund owned 814,884 shares of the company’s stock after buying an additional 34,832 shares during the quarter. JPMorgan Active Value ETF accounts for 9.7% of Orrstown Financial Services Inc.’s portfolio, making the stock its 3rd biggest holding. Orrstown Financial Services Inc.’s holdings in JPMorgan Active Value ETF were worth $58,443,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. NewEdge Advisors LLC boosted its holdings in shares of JPMorgan Active Value ETF by 1.7% during the first quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock worth $933,000 after purchasing an additional 245 shares during the period. Creative Planning purchased a new position in JPMorgan Active Value ETF during the second quarter valued at approximately $269,000. Northwestern Mutual Wealth Management Co. increased its stake in JPMorgan Active Value ETF by 213.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 14,208 shares of the company’s stock valued at $931,000 after buying an additional 9,675 shares during the period. WCG Wealth Advisors LLC lifted its position in JPMorgan Active Value ETF by 4.0% in the 2nd quarter. WCG Wealth Advisors LLC now owns 429,236 shares of the company’s stock worth $28,115,000 after buying an additional 16,603 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC lifted its position in JPMorgan Active Value ETF by 4.2% in the 2nd quarter. Twin Peaks Wealth Advisors LLC now owns 10,511 shares of the company’s stock worth $695,000 after buying an additional 428 shares in the last quarter. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Down 0.0%

Shares of NYSEARCA:JAVA opened at $70.29 on Tuesday. The firm has a fifty day moving average of $74.32 and a two-hundred day moving average of $71.86. JPMorgan Active Value ETF has a 12-month low of $55.51 and a 12-month high of $77.22. The firm has a market capitalization of $5.34 billion, a P/E ratio of -77.24 and a beta of 0.81.

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.