JPMorgan International Value ETF $JIVE Position Lowered by Citadel Advisors LLC

Citadel Advisors LLC decreased its stake in JPMorgan International Value ETF (NASDAQ:JIVE) by 94.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 8,875 shares of the ETF’s stock after selling 162,661 shares during the period. Citadel Advisors LLC’s holdings in JPMorgan International Value ETF were worth $816,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. LPL Financial LLC lifted its holdings in JPMorgan International Value ETF by 20.7% in the fourth quarter. LPL Financial LLC now owns 1,724,611 shares of the ETF’s stock worth $138,449,000 after purchasing an additional 295,833 shares during the period. RiverFront Investment Group LLC raised its holdings in shares of 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 purchasing an additional 57,349 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of JPMorgan International Value ETF by 2,197.2% in the first quarter. Bank of America Corp DE now owns 1,165,983 shares of the ETF’s stock valued at $99,855,000 after buying an additional 1,115,227 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of JPMorgan International Value ETF by 48.0% during 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 during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of JPMorgan International Value ETF by 29.0% during 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 during the last quarter. 65.36% of the stock is owned by institutional investors and hedge funds.

JPMorgan International Value ETF Stock Up 1.0%

JIVE opened at $98.92 on Friday. The firm has a market cap of $3.59 billion, a PE ratio of -899.27 and a beta of 0.45. The business has a fifty day simple moving average of $96.22 and a 200-day simple moving average of $92.09. JPMorgan International Value ETF has a fifty-two week low of $73.71 and a fifty-two week high of $100.21.

JPMorgan International Value ETF 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.