JPMorgan Active Value ETF (JAVA)
JPMorgan Active Value ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $83.46, down 0.14% on the session, giving a market capitalisation of $6.84B. Its beta of 0.78 implies it has historically moved less than the broad market.
The JPMorgan Active Value ETF aims to achieve its investment goal by primarily allocating its capital to various equity instruments. These encompass common and preferred stocks, alongside bonds that are convertible into common shares. The fund's adviser selects these holdings based on their compelling valuation combined with robust long-term growth prospects. The portfolio largely consists of companies whose market capitalizations align with the universe of the Russell 1000 Value Index, which includes both large-cap and mid-cap enterprises.
JPMorgan Active Value ETF is most often compared with the following Financial Services names: