JPMorgan International Value ETF (NASDAQ:JIVE) Sets New 1-Year High – Here’s What Happened

JPMorgan International Value ETF (NASDAQ:JIVE)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $98.70 and last traded at $98.70, with a volume of 1577 shares. The stock had previously closed at $97.70.

JPMorgan International Value ETF Stock Up 0.3%

The stock has a 50-day moving average of $94.51 and a 200 day moving average of $91.21. The stock has a market cap of $3.56 billion, a PE ratio of -891.00 and a beta of 0.45.

Institutional Trading of JPMorgan International Value ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Clarity Asset Management Inc. acquired a new stake in JPMorgan International Value ETF during the 4th quarter worth about $29,000. Wells Fargo & Company MN acquired a new position in shares of JPMorgan International Value ETF in the 4th quarter valued at about $37,000. Advisory Services Network LLC purchased a new stake in shares of JPMorgan International Value ETF in the third quarter worth about $39,000. Signature Equity Partners LLC purchased a new stake in shares of JPMorgan International Value ETF in the first quarter worth about $51,000. Finally, O Shaughnessy Asset Management LLC grew its holdings in JPMorgan International Value ETF by 218.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 612 shares of the ETF’s stock worth $49,000 after acquiring an additional 420 shares during the period. Institutional investors and hedge funds own 65.36% of the company’s stock.

About JPMorgan International Value ETF

JPMorgan International Value ETF (NASDAQ: JIVE) is an exchange-traded fund managed by J.P. Morgan Asset Management. The fund seeks long-term capital appreciation by investing primarily in equity securities of companies located outside the United States.

JIVE uses an international value-investing approach, emphasizing companies that the portfolio management team believes are undervalued relative to their fundamentals or long-term growth prospects. Its portfolio may include businesses across developed and emerging markets and can provide exposure to multiple industries, countries and regions.

The ETF is designed for investors seeking diversified international equity exposure through a professionally managed portfolio.