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

JPMorgan International Value ETF (NASDAQ:JIVEGet Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $100.21 and last traded at $99.7210, with a volume of 297702 shares trading hands. The stock had previously closed at $100.08.

JPMorgan International Value ETF Stock Performance

The stock has a market cap of $3.62 billion, a price-to-earnings ratio of -906.76 and a beta of 0.45. The business’s 50 day moving average is $95.68 and its 200 day moving average is $91.87.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Clarity Asset Management Inc. purchased a new stake in JPMorgan International Value ETF in the 4th quarter worth about $29,000. Wells Fargo & Company MN purchased a new position in JPMorgan International Value ETF during the 4th quarter valued at about $37,000. Advisory Services Network LLC acquired a new position in shares of JPMorgan International Value ETF in the 3rd quarter valued at about $39,000. Ancora Advisors LLC purchased a new stake in shares of JPMorgan International Value ETF in the third quarter worth approximately $47,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of JPMorgan International Value ETF in the third quarter worth approximately $48,000. Hedge funds and other institutional investors own 65.36% of the company’s stock.

JPMorgan International Value ETF Company Profile

(Get Free Report)

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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