JPMorgan International Value ETF (NASDAQ:JIVE) Reaches New 1-Year High – Here’s Why

JPMorgan International Value ETF (NASDAQ:JIVE) shares reached a new 52-week high on Wednesday . The company traded as high as $96.77 and last traded at $96.61, with a volume of 405414 shares trading hands. The stock had previously closed at $95.87.

JPMorgan International Value ETF Stock Up 0.8%

The firm has a market capitalization of $3.51 billion, a price-to-earnings ratio of -878.27 and a beta of 0.45. The company has a 50-day moving average price of $93.16 and a 200-day moving average price of $90.01.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of JIVE. AdvisorNet Financial Inc increased its holdings in shares of JPMorgan International Value ETF by 6.2% during the first quarter. AdvisorNet Financial Inc now owns 1,996 shares of the software maker’s stock valued at $171,000 after purchasing an additional 116 shares during the period. Focus Financial Network Inc. lifted its holdings in JPMorgan International Value ETF by 0.5% in the second quarter. Focus Financial Network Inc. now owns 23,507 shares of the software maker’s stock worth $2,162,000 after purchasing an additional 117 shares during the period. 3Chopt Investment Partners LLC lifted its holdings in JPMorgan International Value ETF by 4.9% in the first quarter. 3Chopt Investment Partners LLC now owns 2,820 shares of the software maker’s stock worth $242,000 after purchasing an additional 131 shares during the period. Capital Investment Advisory Services LLC grew its position in JPMorgan International Value ETF by 20.0% in the 4th quarter. Capital Investment Advisory Services LLC now owns 976 shares of the software maker’s stock valued at $78,000 after buying an additional 163 shares in the last quarter. Finally, Mariner LLC grew its position in JPMorgan International Value ETF by 3.7% in the 4th quarter. Mariner LLC now owns 5,275 shares of the software maker’s stock valued at $423,000 after buying an additional 189 shares in the last quarter. Institutional investors own 65.36% of the company’s stock.

JPMorgan International Value ETF Company Profile

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.