Rehmann Capital Advisory Group Buys 11,572 Shares of JPMorgan International Value ETF $JIVE

Rehmann Capital Advisory Group increased its stake in shares of JPMorgan International Value ETF (NASDAQ:JIVE) by 17.4% in the 2nd quarter, Holdings Channel reports. The firm owned 77,931 shares of the ETF’s stock after buying an additional 11,572 shares during the period. Rehmann Capital Advisory Group’s holdings in JPMorgan International Value ETF were worth $7,178,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Clarity Asset Management Inc. purchased a new stake in JPMorgan International Value ETF in the fourth quarter worth approximately $29,000. Wells Fargo & Company MN purchased a new stake in JPMorgan International Value ETF during the 4th quarter valued at $37,000. Advisory Services Network LLC purchased a new stake in JPMorgan International Value ETF during the 3rd quarter valued at $39,000. Signature Equity Partners LLC bought a new position in shares of JPMorgan International Value ETF during the 1st quarter valued at $51,000. Finally, O Shaughnessy Asset Management LLC lifted its holdings in shares of 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 valued at $49,000 after buying an additional 420 shares during the period. Institutional investors own 65.36% of the company’s stock.

JPMorgan International Value ETF Price Performance

JIVE stock opened at $97.95 on Tuesday. The company has a market cap of $3.56 billion, a P/E ratio of -890.45 and a beta of 0.45. JPMorgan International Value ETF has a 1 year low of $72.50 and a 1 year high of $98.62. The stock’s fifty day moving average price is $94.92 and its 200-day moving average price is $91.55.

JPMorgan International Value ETF Company Profile

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.