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

JPMorgan International Value ETF (NASDAQ:JIVE)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $96.77 and last traded at $96.61, with a volume of 405414 shares changing hands. The stock had previously closed at $95.87.

JPMorgan International Value ETF Stock Performance

The stock has a market capitalization of $3.51 billion, a P/E ratio of -878.27 and a beta of 0.45. The stock has a 50 day moving average of $93.16 and a 200 day moving average of $90.01.

Hedge Funds Weigh In On JPMorgan International Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Clarity Asset Management Inc. bought a new position in shares of JPMorgan International Value ETF during the fourth quarter worth about $29,000. Wells Fargo & Company MN acquired a new stake in shares of JPMorgan International Value ETF in the 4th quarter worth about $37,000. Advisory Services Network LLC bought a new stake in JPMorgan International Value ETF in the 3rd quarter valued at about $39,000. Signature Equity Partners LLC bought a new stake in JPMorgan International Value ETF in the 1st quarter valued at about $51,000. Finally, O Shaughnessy Asset Management LLC boosted 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 software maker’s stock valued at $49,000 after purchasing an additional 420 shares during the period. Institutional investors and hedge funds own 65.36% of the company’s stock.

JPMorgan International Value ETF Company Profile

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.