JPMorgan International Value ETF (NASDAQ:JIVE) Reaches New 12-Month High – Time to Buy?

JPMorgan International Value ETF (NASDAQ:JIVE) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $93.44 and last traded at $93.23, with a volume of 199135 shares changing hands. The stock had previously closed at $91.69.

JPMorgan International Value ETF Stock Up 1.7%

The firm has a market cap of $2.37 billion, a P/E ratio of -847.55 and a beta of 0.46. The stock’s 50-day simple moving average is $88.81 and its 200 day simple moving average is $85.21.

Institutional Trading of JPMorgan International Value ETF

A number of institutional investors have recently bought and sold shares of JIVE. Bank of America Corp DE boosted its position in shares of 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 software maker’s stock worth $99,855,000 after purchasing an additional 1,115,227 shares in the last quarter. Lido Advisors LLC bought a new position in shares of JPMorgan International Value ETF during the 4th quarter worth about $40,580,000. Envestnet Asset Management Inc. boosted its position in shares of JPMorgan International Value ETF by 26.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,433,373 shares of the software maker’s stock worth $108,076,000 after purchasing an additional 298,349 shares in the last quarter. LPL Financial LLC boosted its position in shares of JPMorgan International Value ETF by 20.7% during the 4th quarter. LPL Financial LLC now owns 1,724,611 shares of the software maker’s stock worth $138,449,000 after purchasing an additional 295,833 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of JPMorgan International Value ETF by 116.2% during the 1st quarter. Cetera Investment Advisers now owns 510,101 shares of the software maker’s stock worth $43,685,000 after purchasing an additional 274,160 shares in the last quarter. Institutional investors 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.