PNC Financial Services Group Inc. Acquires 26,030 Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA)

PNC Financial Services Group Inc. boosted its holdings in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 41.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 88,171 shares of the company’s stock after purchasing an additional 26,030 shares during the quarter. PNC Financial Services Group Inc. owned about 0.46% of JPMorgan Active Value ETF worth $5,581,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in JAVA. Farmers & Merchants Investments Inc. acquired a new position in shares of JPMorgan Active Value ETF in the 4th quarter worth approximately $25,000. Centricity Wealth Management LLC acquired a new position in shares of JPMorgan Active Value ETF in the 4th quarter worth approximately $39,000. Assetmark Inc. raised its holdings in shares of JPMorgan Active Value ETF by 2,402.6% in the 4th quarter. Assetmark Inc. now owns 976 shares of the company’s stock worth $62,000 after buying an additional 937 shares in the last quarter. WR Wealth Planners LLC acquired a new position in shares of JPMorgan Active Value ETF in the 4th quarter worth approximately $115,000. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of JPMorgan Active Value ETF by 32.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,092 shares of the company’s stock worth $132,000 after buying an additional 515 shares in the last quarter.

JPMorgan Active Value ETF Trading Down 0.2 %

Shares of JAVA opened at $62.39 on Thursday. JPMorgan Active Value ETF has a 1 year low of $56.72 and a 1 year high of $68.77. The stock has a 50 day simple moving average of $65.28 and a 200-day simple moving average of $64.96. The stock has a market cap of $2.84 billion, a PE ratio of 20.00 and a beta of 0.84.

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.