Royal Bank of Canada Acquires 130,621 Shares of JPMorgan International Value ETF $JIVE

Royal Bank of Canada increased its holdings in shares of JPMorgan International Value ETF (NASDAQ:JIVE) by 37.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 477,108 shares of the software maker’s stock after purchasing an additional 130,621 shares during the quarter. Royal Bank of Canada’s holdings in JPMorgan International Value ETF were worth $40,860,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its stake in shares of JPMorgan International Value ETF by 142.7% during the 1st quarter. Jane Street Group LLC now owns 75,886 shares of the software maker’s stock worth $4,694,000 after buying an additional 44,613 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of JPMorgan International Value ETF in the second quarter valued at about $2,633,000. Raymond James Financial Inc. raised its holdings in JPMorgan International Value ETF by 160.3% during the second quarter. Raymond James Financial Inc. now owns 445,031 shares of the software maker’s stock worth $30,840,000 after acquiring an additional 274,037 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in JPMorgan International Value ETF by 198.2% during the second quarter. Benjamin Edwards Inc. now owns 17,056 shares of the software maker’s stock worth $1,182,000 after acquiring an additional 11,337 shares in the last quarter. Finally, MML Investors Services LLC acquired a new position in JPMorgan International Value ETF during the second quarter valued at approximately $793,000. 65.36% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan International Value ETF Price Performance

NASDAQ:JIVE opened at $95.76 on Monday. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of -870.55 and a beta of 0.46. JPMorgan International Value ETF has a twelve month low of $69.16 and a twelve month high of $96.23. The stock’s 50 day moving average price is $93.01 and its two-hundred day moving average price is $89.82.

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.