Orrstown Financial Services Inc. Invests $5.48 Million in JPMorgan Active Value ETF (NYSEARCA:JAVA)

Orrstown Financial Services Inc. bought a new stake in JPMorgan Active Value ETF (NYSEARCA:JAVA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 86,503 shares of the company’s stock, valued at approximately $5,476,000. JPMorgan Active Value ETF comprises approximately 1.5% of Orrstown Financial Services Inc.’s holdings, making the stock its 13th biggest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Cetera Investment Advisers grew its holdings in shares of JPMorgan Active Value ETF by 2,965.2% during the second quarter. Cetera Investment Advisers now owns 811,564 shares of the company’s stock worth $48,093,000 after purchasing an additional 785,087 shares during the last quarter. JPMorgan Chase & Co. grew its stake in JPMorgan Active Value ETF by 63.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,466 shares of the company’s stock worth $88,447,000 after buying an additional 534,561 shares during the last quarter. Janney Montgomery Scott LLC increased its position in JPMorgan Active Value ETF by 20.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,426,359 shares of the company’s stock worth $90,289,000 after buying an additional 246,794 shares during the period. Sanctuary Advisors LLC purchased a new stake in JPMorgan Active Value ETF in the second quarter valued at approximately $13,353,000. Finally, Tyler Stone Wealth Management boosted its holdings in shares of JPMorgan Active Value ETF by 149.0% in the third quarter. Tyler Stone Wealth Management now owns 159,193 shares of the company’s stock valued at $10,200,000 after acquiring an additional 95,252 shares during the period.

JPMorgan Active Value ETF Trading Up 0.4 %

Shares of JPMorgan Active Value ETF stock traded up $0.27 during trading on Wednesday, reaching $66.42. The company’s stock had a trading volume of 29,723 shares, compared to its average volume of 411,206. The company has a 50-day moving average price of $65.61 and a two-hundred day moving average price of $63.98. JPMorgan Active Value ETF has a fifty-two week low of $55.14 and a fifty-two week high of $68.77. The firm has a market cap of $1.27 billion, a PE ratio of 19.49 and a beta of 0.76.

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.