JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) Stock Price Up 0.1% – Here’s Why

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

JPMorgan Carbon Transition U.S. Equity ETF Stock Performance

The firm has a market cap of $7.19 million, a price-to-earnings ratio of 27.63 and a beta of 1.01. The business has a fifty day moving average of $89.94 and a two-hundred day moving average of $89.93.

Institutional Investors Weigh In On JPMorgan Carbon Transition U.S. Equity ETF

An institutional investor recently raised its position 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 the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,479 shares of the company’s stock after purchasing an additional 3,010 shares during the period. Citadel Advisors LLC owned 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.