Commonwealth Equity Services LLC Buys 664,020 Shares of JPMorgan International Value ETF $JIVE

Commonwealth Equity Services LLC bought a new stake in JPMorgan International Value ETF (NASDAQ:JIVE) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 664,020 shares of the ETF’s stock, valued at approximately $63,228,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE boosted its position in 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 acquiring an additional 1,115,227 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of JPMorgan International Value ETF by 65.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,612,993 shares of the ETF’s stock worth $240,276,000 after acquiring an additional 1,035,252 shares in the last quarter. Cetera Investment Advisers raised its position in shares of JPMorgan International Value ETF by 116.2% in the 1st quarter. Cetera Investment Advisers now owns 510,101 shares of the ETF’s stock worth $43,685,000 after acquiring an additional 274,160 shares in the last quarter. Cooper Financial Group acquired a new position in shares of JPMorgan International Value ETF in the 2nd quarter valued at about $23,272,000. Finally, Sard Wealth Management Group LLC acquired a new position in shares of JPMorgan International Value ETF in the 3rd quarter valued at about $12,664,000. Institutional investors own 65.36% of the company’s stock.

JPMorgan International Value ETF Stock Down 0.8%

JPMorgan International Value ETF stock opened at $92.61 on Friday. JPMorgan International Value ETF has a 52 week low of $75.89 and a 52 week high of $100.21. The company’s 50 day moving average price is $95.95 and its two-hundred day moving average price is $92.24. The stock has a market cap of $4.45 billion, a P/E ratio of -841.91 and a beta of 0.48.

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.