Sowell Financial Services LLC bought a new position in shares of JPMorgan International Value ETF (NASDAQ:JIVE – Free Report) during the third quarter, HoldingsChannel reports. The institutional investor bought 5,694 shares of the ETF’s stock, valued at approximately $542,000.
Several other institutional investors have also made changes to their positions in JIVE. GAMMA Investing LLC raised its position in JPMorgan International Value ETF by 1,141.2% during the third quarter. GAMMA Investing LLC now owns 422 shares of the ETF’s stock valued at $40,000 after buying an additional 388 shares during the period. Signature Equity Partners LLC acquired a new stake in JPMorgan International Value ETF in the 1st quarter worth $51,000. Rockefeller Capital Management L.P. bought a new stake in shares of JPMorgan International Value ETF during the fourth quarter valued at approximately $53,000. Allworth Financial LP acquired a new position in JPMorgan International Value ETF in the second quarter worth about $70,000. Finally, Luts & Greenleigh Group Inc. acquired a new position in JPMorgan International Value ETF during the first quarter worth $201,000. 65.36% of the stock is owned by hedge funds and other institutional investors.
JPMorgan International Value ETF Stock Performance
Shares of JIVE opened at $94.03 on Tuesday. JPMorgan International Value ETF has a 52-week low of $75.67 and a 52-week high of $100.21. The stock has a fifty day moving average price of $96.29 and a two-hundred day moving average price of $92.03. The company has a market cap of $4.52 billion, a price-to-earnings ratio of -854.82 and a beta of 0.47.
JPMorgan International Value ETF Profile
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.
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