Bank of America Corp DE Acquires 1,115,227 Shares of JPMorgan International Value ETF $JIVE

Bank of America Corp DE raised its holdings in JPMorgan International Value ETF (NASDAQ:JIVE) by 2,197.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,165,983 shares of the ETF’s stock after buying an additional 1,115,227 shares during the period. Bank of America Corp DE’s holdings in JPMorgan International Value ETF were worth $99,855,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Clarity Asset Management Inc. acquired a new position in shares of JPMorgan International Value ETF during the 4th quarter worth about $29,000. Wells Fargo & Company MN bought a new stake in JPMorgan International Value ETF during the fourth quarter worth about $37,000. Advisory Services Network LLC bought a new stake in JPMorgan International Value ETF during the third quarter worth about $39,000. Ancora Advisors LLC acquired a new position in JPMorgan International Value ETF during the third quarter valued at approximately $47,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in JPMorgan International Value ETF during the third quarter valued at approximately $48,000. 65.36% of the stock is owned by institutional investors.

JPMorgan International Value ETF Stock Up 0.6%

JIVE stock opened at $97.36 on Friday. The company has a market cap of $3.53 billion, a price-to-earnings ratio of -885.09 and a beta of 0.45. JPMorgan International Value ETF has a twelve month low of $71.84 and a twelve month high of $97.62. The business has a 50 day moving average price of $93.42 and a two-hundred day moving average price of $90.25.

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.