Cooper Financial Group increased its holdings in shares of JPMorgan International Value ETF (NASDAQ:JIVE – Free Report) by 13.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 287,417 shares of the ETF’s stock after buying an additional 34,334 shares during the quarter. JPMorgan International Value ETF comprises approximately 2.2% of Cooper Financial Group’s portfolio, making the stock its 10th biggest holding. Cooper Financial Group’s holdings in JPMorgan International Value ETF were worth $27,368,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in JIVE. Legacy Solutions LLC purchased a new stake in JPMorgan International Value ETF in the 3rd quarter valued at about $6,130,000. MassMutual Private Wealth & Trust FSB purchased a new position in shares of JPMorgan International Value ETF during the 3rd quarter worth about $783,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of JPMorgan International Value ETF during the 2nd quarter worth about $4,056,000. Envestnet Asset Management Inc. boosted its position in shares of JPMorgan International Value ETF by 65.6% in the second 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 during the last quarter. Finally, Capital Analysts LLC boosted its position in shares of JPMorgan International Value ETF by 35.3% in the second quarter. Capital Analysts LLC now owns 5,828 shares of the ETF’s stock worth $536,000 after acquiring an additional 1,522 shares during the last quarter. 65.36% of the stock is owned by institutional investors and hedge funds.
JPMorgan International Value ETF Price Performance
JIVE stock traded down $1.02 on Wednesday, hitting $94.31. 853,955 shares of the company were exchanged, compared to its average volume of 344,554. The stock has a market capitalization of $4.13 billion, a price-to-earnings ratio of -857.36 and a beta of 0.47. JPMorgan International Value ETF has a twelve month low of $73.71 and a twelve month high of $100.21. The business’s fifty day moving average is $97.34 and its two-hundred day moving average is $93.24.
JPMorgan International Value ETF 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.
See Also
- Five stocks we like better than JPMorgan International Value ETF
- Skydance Just Became a Media Giant—With an $80 Billion Debt Load
- Could Velo3D Be the Next Defense Buyout Target?
- Penguin Solutions Is Soaring as AI Memory Demand Explodes
- Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
Want to see what other hedge funds are holding JIVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan International Value ETF (NASDAQ:JIVE – Free Report).
Receive News & Ratings for JPMorgan International Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan International Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
