Rehmann Capital Advisory Group raised its position in shares of JPMorgan International Value ETF (NASDAQ:JIVE – Free Report) by 17.4% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 77,931 shares of the ETF’s stock after purchasing an additional 11,572 shares during the quarter. Rehmann Capital Advisory Group owned 0.21% of JPMorgan International Value ETF worth $7,178,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC grew its holdings in shares of JPMorgan International Value ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 1,724,611 shares of the ETF’s stock valued at $138,449,000 after buying an additional 295,833 shares during the last quarter. RiverFront Investment Group LLC raised its holdings in JPMorgan International Value ETF by 4.2% in the 4th quarter. RiverFront Investment Group LLC now owns 1,409,592 shares of the ETF’s stock worth $113,160,000 after acquiring an additional 57,349 shares during the last quarter. Bank of America Corp DE raised its holdings in JPMorgan International Value ETF by 2,197.2% in the 1st quarter. Bank of America Corp DE now owns 1,165,983 shares of the ETF’s stock worth $99,855,000 after acquiring an additional 1,115,227 shares during the last quarter. Osaic Holdings Inc. lifted its position in JPMorgan International Value ETF by 48.0% in the 4th quarter. Osaic Holdings Inc. now owns 723,516 shares of the ETF’s stock valued at $58,084,000 after acquiring an additional 234,583 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in JPMorgan International Value ETF by 29.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 536,470 shares of the ETF’s stock valued at $45,943,000 after acquiring an additional 120,721 shares in the last quarter. Institutional investors own 65.36% of the company’s stock.
JPMorgan International Value ETF Trading Up 0.1%
Shares of JIVE opened at $97.95 on Tuesday. The company has a market cap of $3.56 billion, a price-to-earnings ratio of -890.45 and a beta of 0.45. The business’s fifty day simple moving average is $94.92 and its two-hundred day simple moving average is $91.55. JPMorgan International Value ETF has a 12 month low of $72.50 and a 12 month high of $98.62.
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.
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