JPMorgan International Value ETF (NASDAQ:JIVE) Reaches New 1-Year High – What’s Next?

JPMorgan International Value ETF (NASDAQ:JIVE) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $95.00 and last traded at $94.60, with a volume of 17800 shares. The stock had previously closed at $93.60.

JPMorgan International Value ETF Stock Up 0.1%

The firm has a market cap of $2.41 billion, a PE ratio of -859.64 and a beta of 0.45. The stock has a 50 day moving average price of $91.18 and a two-hundred day moving average price of $86.79.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of JIVE. Bank of America Corp DE increased its position in shares of JPMorgan International Value ETF by 2,197.2% during the first quarter. Bank of America Corp DE now owns 1,165,983 shares of the software maker’s stock worth $99,855,000 after acquiring an additional 1,115,227 shares during the period. Lido Advisors LLC purchased a new stake in shares of JPMorgan International Value ETF during the fourth quarter worth $40,580,000. LPL Financial LLC increased its position in shares of JPMorgan International Value ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 1,724,611 shares of the software maker’s stock worth $138,449,000 after acquiring an additional 295,833 shares during the period. Cetera Investment Advisers increased its position in shares of JPMorgan International Value ETF by 116.2% during the first quarter. Cetera Investment Advisers now owns 510,101 shares of the software maker’s stock worth $43,685,000 after acquiring an additional 274,160 shares during the period. Finally, Raymond James Financial Inc. increased its position in shares of JPMorgan International Value ETF by 160.3% during the second quarter. Raymond James Financial Inc. now owns 445,031 shares of the software maker’s stock worth $30,840,000 after acquiring an additional 274,037 shares during the period. Institutional investors and hedge funds 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.