JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) Shares Up 0.1% – Still a Buy?

Shares of JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) were up 0.1% during trading 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 481 shares. The stock had previously closed at $89.86.

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

The business’s 50-day moving average price is $89.94 and its 200 day moving average price is $89.93. The company has a market capitalization of $7.19 million, a P/E ratio of 27.63 and a beta of 1.01.

Hedge Funds 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 increased its position in JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) by 121.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,479 shares of the company’s stock after acquiring an additional 3,010 shares during the quarter. Citadel Advisors LLC owned about 6.85% of JPMorgan Carbon Transition U.S. Equity ETF worth $490,000 at the end of the most recent quarter.

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.