JPMorgan International Value ETF (NASDAQ:JIVE) Stock Price Up 0.3% – Still a Buy?

JPMorgan International Value ETF (NASDAQ:JIVE)’s share price rose 0.3% during trading on Wednesday . The stock traded as high as $86.37 and last traded at $86.21. Approximately 258,302 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 347,313 shares. The stock had previously closed at $85.98.

JPMorgan International Value ETF Trading Up 0.3%

The company’s 50-day moving average price is $86.73 and its two-hundred day moving average price is $80.25. The company has a market cap of $568.99 million, a P/E ratio of 9.79 and a beta of 0.76.

JPMorgan International Value ETF Increases Dividend

The firm also recently announced an annual dividend, which was paid on Thursday, December 18th. Investors of record on Tuesday, December 16th were paid a dividend of $1.8328 per share. This is a boost from JPMorgan International Value ETF’s previous annual dividend of $0.48. This represents a yield of 227.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Royal Bank of Canada lifted its position in shares of JPMorgan International Value ETF by 4.0% during the 1st quarter. Royal Bank of Canada now owns 24,864 shares of the software maker’s stock valued at $1,538,000 after acquiring an additional 953 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of JPMorgan International Value ETF by 142.7% in the 1st quarter. Jane Street Group LLC now owns 75,886 shares of the software maker’s stock worth $4,694,000 after acquiring an additional 44,613 shares during the last quarter. Savant Capital LLC acquired a new position in shares of JPMorgan International Value ETF in the 2nd quarter worth $590,000. Wedbush Securities Inc. acquired a new stake in shares of JPMorgan International Value ETF during the second quarter worth $498,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in shares of JPMorgan International Value ETF during the second quarter worth $649,000. Institutional investors own 65.36% of the company’s stock.

About JPMorgan International Value ETF

Jive Software, Inc is engaged in providing software sales and services. The Company’s products are sold on a subscription basis, deployable in on-premise, hosted and cloud instances and used for internal or external communities. Its traditional enterprise software product offerings are based on the Jive platform (the Jive Platform), which is a communication and collaboration hub. It sells its Jive Platform across two communities: internally for employees within the enterprise and externally for customers and partners outside the enterprise.