JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) Trading 0.1% Higher – Still a Buy?

JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR)’s stock price was up 0.1% on Friday . The company traded as high as $89.80 and last traded at $89.9350. 3 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 481 shares. The stock had previously closed at $89.86.

JPMorgan Carbon Transition U.S. Equity ETF Trading Up 0.1%

The firm has a market cap of $7.19 million, a P/E ratio of 27.63 and a beta of 1.01. The company’s fifty day moving average price is $89.94 and its two-hundred day moving average price is $89.93.

Institutional Trading of JPMorgan Carbon Transition U.S. Equity ETF

An institutional investor recently raised its stake in JPMorgan Carbon Transition U.S. Equity ETF stock. Citadel Advisors LLC increased its position in shares of JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) by 121.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,479 shares of the company’s stock after acquiring an additional 3,010 shares during the quarter. Citadel Advisors LLC owned about 6.85% of JPMorgan Carbon Transition U.S. Equity ETF worth $490,000 at the end of the most recent quarter.

About JPMorgan Carbon Transition U.S. Equity ETF

The JPMorgan Carbon Transition U.S. Equity ETF (JCTR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of large-cap US stocks that are selected with a preference toward lower carbon footprint. JCTR was launched on Dec 9, 2020 and is managed by JPMorgan Chase.