JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) Trading 0.1% Higher – Here’s Why

Shares of JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) were up 0.1% on Thursday . The company traded as high as $89.80 and last traded at $89.9350. Approximately 3 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 432 shares. The stock had previously closed at $89.86.

JPMorgan Carbon Transition U.S. Equity ETF Stock Up 0.1%

The stock has a market capitalization of $7.19 million, a P/E ratio of 27.63 and a beta of 1.01. The stock has a 50 day simple moving average of $89.94 and a two-hundred day simple moving average of $86.71.

Institutional Investors Weigh In On JPMorgan Carbon Transition U.S. Equity ETF

A hedge fund recently raised its stake in JPMorgan Carbon Transition U.S. Equity ETF stock. Citadel Advisors LLC grew its holdings in JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) by 121.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,479 shares of the company’s stock after acquiring an additional 3,010 shares during the period. Citadel Advisors LLC owned about 6.85% of JPMorgan Carbon Transition U.S. Equity ETF worth $490,000 as of its most recent filing with the Securities & Exchange Commission.

JPMorgan Carbon Transition U.S. Equity ETF Company Profile

The JPMorgan Carbon Transition U.S. Equity ETF (JCTR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of large-cap US stocks that are selected with a preference toward lower carbon footprint. JCTR was launched on Dec 9, 2020 and is managed by JPMorgan Chase.