HighTower Advisors LLC Invests $957,000 in JPMorgan International Value ETF $JIVE

HighTower Advisors LLC bought a new position in shares of JPMorgan International Value ETF (NASDAQ:JIVE) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 11,921 shares of the software maker’s stock, valued at approximately $957,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in JIVE. Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan International Value ETF by 26.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,433,373 shares of the software maker’s stock worth $108,076,000 after acquiring an additional 298,349 shares during the period. Raymond James Financial Inc. boosted its stake in shares of JPMorgan International Value ETF by 160.3% during the 2nd quarter. Raymond James Financial Inc. now owns 445,031 shares of the software maker’s stock worth $30,840,000 after acquiring an additional 274,037 shares during the period. Vestmark Advisory Solutions Inc. bought a new position in shares of JPMorgan International Value ETF during the 3rd quarter worth approximately $13,344,000. Pallas Capital Advisors LLC acquired a new stake in JPMorgan International Value ETF during the 3rd quarter worth approximately $9,783,000. Finally, N.E.W. Advisory Services LLC lifted its holdings in JPMorgan International Value ETF by 563.4% during the 4th quarter. N.E.W. Advisory Services LLC now owns 139,310 shares of the software maker’s stock worth $11,184,000 after purchasing an additional 118,310 shares during the last quarter. 65.36% of the stock is currently owned by institutional investors.

JPMorgan International Value ETF Trading Down 3.0%

NASDAQ:JIVE opened at $90.57 on Friday. The stock has a market cap of $2.31 billion, a P/E ratio of -823.36 and a beta of 0.45. The stock has a 50 day simple moving average of $90.10 and a 200 day simple moving average of $85.97. JPMorgan International Value ETF has a 1-year low of $66.41 and a 1-year high of $93.99.

About JPMorgan International Value ETF

Jive Software, Inc is engaged in providing software sales and services. The Company’s products are sold on a subscription basis, deployable in on-premise, hosted and cloud instances and used for internal or external communities. Its traditional enterprise software product offerings are based on the Jive platform (the Jive Platform), which is a communication and collaboration hub. It sells its Jive Platform across two communities: internally for employees within the enterprise and externally for customers and partners outside the enterprise.