5,694 Shares of JPMorgan International Value ETF $JIVE Acquired by Sowell Financial Services LLC

Sowell Financial Services LLC acquired a new position in JPMorgan International Value ETF (NASDAQ:JIVE) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,694 shares of the ETF’s stock, valued at approximately $542,000.

Several other hedge funds have also recently bought and sold shares of JIVE. Envestnet Asset Management Inc. increased its position in 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 valued at $240,276,000 after acquiring an additional 1,035,252 shares during the period. Bank of America Corp DE boosted its position in JPMorgan International Value ETF by 2,197.2% during the 1st quarter. Bank of America Corp DE now owns 1,165,983 shares of the ETF’s stock worth $99,855,000 after acquiring an additional 1,115,227 shares during the period. Cetera Investment Advisers boosted its position in JPMorgan International Value ETF by 116.2% during 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 during the period. Royal Bank of Canada boosted its position in JPMorgan International Value ETF by 37.7% during the 1st quarter. Royal Bank of Canada now owns 477,108 shares of the ETF’s stock worth $40,860,000 after acquiring an additional 130,621 shares during the period. Finally, Cooper Financial Group grew its stake in shares of JPMorgan International Value ETF by 13.6% in the third quarter. Cooper Financial Group now owns 287,417 shares of the ETF’s stock worth $27,368,000 after purchasing an additional 34,334 shares in the last quarter. 65.36% of the stock is currently owned by institutional investors.

JPMorgan International Value ETF Stock Performance

NASDAQ:JIVE opened at $94.03 on Tuesday. The stock has a market cap of $4.52 billion, a price-to-earnings ratio of -854.82 and a beta of 0.47. JPMorgan International Value ETF has a 1 year low of $75.67 and a 1 year high of $100.21. The business has a fifty day moving average of $96.29 and a 200-day moving average of $92.03.

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.