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

JPMorgan Active Value ETF (NYSEARCA:JAVA) was the target of a significant growth in short interest in the month of 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 days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of JPMorgan Active Value ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. raised its position in JPMorgan Active Value ETF by 27.8% during the fourth quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock valued at $1,463,175,000 after buying an additional 4,437,690 shares during the period. LPL Financial LLC boosted its position in JPMorgan Active Value ETF by 9.3% during the 4th quarter. LPL Financial LLC now owns 6,262,663 shares of the company’s stock worth $449,158,000 after acquiring an additional 531,461 shares during the period. Dynasty Wealth Management LLC grew its stake in JPMorgan Active Value ETF by 27.0% during the 4th quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock valued at $342,568,000 after acquiring an additional 1,014,584 shares in the last quarter. Sagespring Wealth Partners LLC grew its stake in JPMorgan Active Value ETF by 9.2% during the 4th quarter. Sagespring Wealth Partners LLC now owns 4,199,747 shares of the company’s stock valued at $301,206,000 after acquiring an additional 355,013 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of 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 valued at $174,520,000 after purchasing an additional 81,880 shares during the period. Institutional investors and hedge funds own 43.07% of the company’s stock.

JPMorgan Active Value ETF Stock Performance

Shares of NYSEARCA:JAVA opened at $79.00 on Monday. The firm has a 50 day simple moving average of $77.04 and a 200 day simple moving average of $74.88. JPMorgan Active Value ETF has a 52 week low of $64.40 and a 52 week high of $80.33. The company has a market cap of $6.95 billion, a PE ratio of -86.81 and a beta of 0.78.

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.