Waverly Advisors LLC Purchases New Holdings in JPMorgan International Value ETF $JIVE

Waverly Advisors LLC acquired a new position in shares of JPMorgan International Value ETF (NASDAQ:JIVE) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 27,240 shares of the ETF’s stock, valued at approximately $2,505,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JIVE. Clarity Asset Management Inc. acquired a new stake in JPMorgan International Value ETF during the 4th quarter valued at $29,000. Wells Fargo & Company MN acquired a new stake in shares of JPMorgan International Value ETF in the fourth quarter worth $37,000. Advisory Services Network LLC purchased a new position in shares of JPMorgan International Value ETF during the third quarter valued at $39,000. Signature Equity Partners LLC purchased a new position in shares of JPMorgan International Value ETF during the first quarter valued at $51,000. Finally, O Shaughnessy Asset Management LLC raised its position in JPMorgan International Value ETF by 218.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 612 shares of the ETF’s stock valued at $49,000 after buying an additional 420 shares during the period. 65.36% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan International Value ETF Trading Up 1.0%

NASDAQ:JIVE opened at $98.92 on Friday. The business’s fifty day moving average price is $96.22 and its 200 day moving average price is $92.09. The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of -899.27 and a beta of 0.45. JPMorgan International Value ETF has a 1-year low of $73.71 and a 1-year 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.