JPMorgan International Value ETF (NASDAQ:JIVE) Short Interest Update

JPMorgan International Value ETF (NASDAQ:JIVE) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 69,961 shares, a decline of 45.3% from the July 30th total of 127,890 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 270,432 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in JIVE. Clarity Asset Management Inc. acquired a new stake in JPMorgan International Value ETF in the fourth quarter valued at about $29,000. Wells Fargo & Company MN acquired a new position in JPMorgan International Value ETF during the 4th quarter worth approximately $37,000. Advisory Services Network LLC acquired a new position in JPMorgan International Value ETF during the 3rd quarter worth approximately $39,000. Signature Equity Partners LLC acquired a new position in JPMorgan International Value ETF during the 1st quarter worth approximately $51,000. Finally, O Shaughnessy Asset Management LLC raised its stake 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 worth $49,000 after buying an additional 420 shares in the last quarter. 65.36% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan International Value ETF Stock Performance

JPMorgan International Value ETF stock traded up $0.04 during trading hours on Friday, reaching $97.90. 196,096 shares of the stock were exchanged, compared to its average volume of 332,879. The stock has a market cap of $3.55 billion, a P/E ratio of -890.00 and a beta of 0.45. JPMorgan International Value ETF has a 52-week low of $72.50 and a 52-week high of $98.62. The firm’s 50 day moving average is $94.84 and its 200 day moving average is $91.47.

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.