JPMorgan International Value ETF (NASDAQ:JIVE) Sets New 12-Month High – What’s Next?

JPMorgan International Value ETF (NASDAQ:JIVE) shares reached a new 52-week high on Tuesday . The company traded as high as $98.70 and last traded at $98.70, with a volume of 1577 shares traded. The stock had previously closed at $97.70.

JPMorgan International Value ETF Price Performance

The stock’s 50-day moving average price is $94.68 and its 200-day moving average price is $91.35. The company has a market cap of $3.57 billion, a P/E ratio of -893.27 and a beta of 0.45.

Institutional Trading of JPMorgan International Value ETF

A number of institutional investors have recently bought and sold shares of JIVE. Clarity Asset Management Inc. bought a new position in shares of JPMorgan International Value ETF during the fourth quarter worth approximately $29,000. Wells Fargo & Company MN bought a new stake in shares of JPMorgan International Value ETF in the fourth quarter valued at approximately $37,000. Advisory Services Network LLC acquired a new stake in JPMorgan International Value ETF during the third quarter worth approximately $39,000. Signature Equity Partners LLC acquired a new stake in JPMorgan International Value ETF during the first quarter worth approximately $51,000. Finally, O Shaughnessy Asset Management LLC increased its stake in JPMorgan International Value ETF by 218.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 612 shares of the ETF’s stock worth $49,000 after acquiring an additional 420 shares during the period. Institutional investors own 65.36% of the company’s stock.

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.