JPMorgan International Value ETF (NASDAQ:JIVE) Sees Large Decrease in Short Interest

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

JPMorgan International Value ETF Stock Up 0.0%

JIVE traded up $0.04 during trading on Friday, hitting $97.90. 196,096 shares of the stock were exchanged, compared to its average volume of 332,879. JPMorgan International Value ETF has a 1-year low of $72.50 and a 1-year high of $98.62. The stock has a fifty day moving average price of $94.84 and a two-hundred day moving average price of $91.47. The firm has a market capitalization of $3.55 billion, a P/E ratio of -890.00 and a beta of 0.45.

Institutional Trading of JPMorgan International Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of JIVE. AdvisorNet Financial Inc lifted its position in JPMorgan International Value ETF by 6.2% during the 1st quarter. AdvisorNet Financial Inc now owns 1,996 shares of the ETF’s stock worth $171,000 after acquiring an additional 116 shares during the period. Focus Financial Network Inc. increased its holdings in shares of JPMorgan International Value ETF by 0.5% in the second quarter. Focus Financial Network Inc. now owns 23,507 shares of the ETF’s stock valued at $2,162,000 after purchasing an additional 117 shares during the period. 3Chopt Investment Partners LLC increased its holdings in shares of JPMorgan International Value ETF by 4.9% in the first quarter. 3Chopt Investment Partners LLC now owns 2,820 shares of the ETF’s stock valued at $242,000 after purchasing an additional 131 shares during the period. Mariner LLC raised its stake in shares of JPMorgan International Value ETF by 3.7% during the fourth quarter. Mariner LLC now owns 5,275 shares of the ETF’s stock worth $423,000 after purchasing an additional 189 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of JPMorgan International Value ETF by 5.7% during the first quarter. NewEdge Advisors LLC now owns 3,803 shares of the ETF’s stock worth $326,000 after purchasing an additional 206 shares during the last quarter. Hedge funds and other institutional investors own 65.36% of the company’s stock.

About JPMorgan International Value ETF

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.