Short Interest in JPMorgan Active Value ETF (NYSEARCA:JAVA) Expands By 158.5%

JPMorgan Active Value ETF (NYSEARCA:JAVA) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 140,619 shares, a growth of 158.5% from the May 31st total of 54,391 shares. Based on an average trading volume of 405,761 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

JPMorgan Active Value ETF Price Performance

Shares of JPMorgan Active Value ETF stock opened at $79.00 on Monday. The stock has a market capitalization of $6.95 billion, a P/E ratio of -86.81 and a beta of 0.78. The stock has a 50 day moving average price of $77.04 and a two-hundred day moving average price of $74.88. JPMorgan Active Value ETF has a 12-month low of $64.40 and a 12-month high of $80.33.

Institutional Trading of JPMorgan Active Value ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Western Wealth Management LLC grew its stake in JPMorgan Active Value ETF by 26.6% in the 1st quarter. Western Wealth Management LLC now owns 61,050 shares of the company’s stock valued at $4,380,000 after buying an additional 12,845 shares during the last quarter. Curry Webb Wealth Management LLC bought a new position in JPMorgan Active Value ETF in the 1st quarter worth $1,521,000. NewEdge Advisors LLC lifted its position in JPMorgan Active Value ETF by 2.7% during the 1st quarter. NewEdge Advisors LLC now owns 154,407 shares of the company’s stock worth $11,079,000 after acquiring an additional 4,124 shares during the last quarter. WNY Asset Management LLC acquired a new position in JPMorgan Active Value ETF during the 1st quarter worth $32,592,000. Finally, Bank of America Corp DE boosted its holdings in JPMorgan Active Value ETF by 117.0% during the first quarter. Bank of America Corp DE now owns 1,771,693 shares of the company’s stock valued at $127,119,000 after acquiring an additional 955,074 shares during the period. 43.07% of the stock is currently owned by institutional investors and hedge funds.

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.