Legacy Solutions LLC Acquires New Holdings in JPMorgan International Value ETF $JIVE

Legacy Solutions LLC bought a new stake in shares of JPMorgan International Value ETF (NASDAQ:JIVE) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 64,374 shares of the ETF’s stock, valued at approximately $6,130,000. JPMorgan International Value ETF comprises approximately 4.7% of Legacy Solutions LLC’s portfolio, making the stock its 6th biggest holding. Legacy Solutions LLC owned about 0.15% of JPMorgan International Value ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan International Value ETF by 65.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,612,993 shares of the ETF’s stock worth $240,276,000 after purchasing an additional 1,035,252 shares during the period. LPL Financial LLC lifted its stake in JPMorgan International Value ETF by 20.7% in the fourth quarter. LPL Financial LLC now owns 1,724,611 shares of the ETF’s stock worth $138,449,000 after purchasing an additional 295,833 shares during the last quarter. Bank of America Corp DE boosted its position in shares of JPMorgan International Value ETF by 2,197.2% during the first quarter. Bank of America Corp DE now owns 1,165,983 shares of the ETF’s stock valued at $99,855,000 after buying an additional 1,115,227 shares during the period. Janney Montgomery Scott LLC boosted its position in shares of JPMorgan International Value ETF by 29.0% during the first quarter. Janney Montgomery Scott LLC now owns 536,470 shares of the ETF’s stock valued at $45,943,000 after buying an additional 120,721 shares during the period. Finally, Cetera Investment Advisers grew its stake in shares of JPMorgan International Value ETF by 116.2% during the first quarter. Cetera Investment Advisers now owns 510,101 shares of the ETF’s stock valued at $43,685,000 after buying an additional 274,160 shares during the last quarter. 65.36% of the stock is owned by hedge funds and other institutional investors.

JPMorgan International Value ETF Trading Down 0.9%

Shares of JIVE stock traded down $0.89 on Wednesday, reaching $94.44. 242,716 shares of the company’s stock were exchanged, compared to its average volume of 341,266. The company’s fifty day simple moving average is $97.32 and its 200 day simple moving average is $93.17. JPMorgan International Value ETF has a 52 week low of $73.71 and a 52 week high of $100.21. The stock has a market capitalization of $4.13 billion, a PE ratio of -858.41 and a beta of 0.47.

About JPMorgan International Value ETF

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.