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

JPMorgan International Value ETF (NASDAQ:JIVEGet Free Report) shares hit a new 52-week high during trading on Tuesday . The company 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 Trading Down 0.5%

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

Institutional Investors Weigh In On JPMorgan International Value ETF

Large investors have recently made changes to their positions in the company. Clarity Asset Management Inc. bought a new stake in JPMorgan International Value ETF in the fourth quarter worth $29,000. Wells Fargo & Company MN bought a new stake in shares of JPMorgan International Value ETF during the 4th quarter worth $37,000. Advisory Services Network LLC acquired a new position in JPMorgan International Value ETF in the 3rd quarter valued at $39,000. Ancora Advisors LLC bought a new position in JPMorgan International Value ETF in the 3rd quarter worth $47,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in JPMorgan International Value ETF during the 3rd quarter worth $48,000. 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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