JPMorgan International Value ETF $JIVE Stock: Paradigm Strategies in Wealth Management LLC Grows Stake

Paradigm Strategies in Wealth Management LLC boosted its holdings in shares of JPMorgan International Value ETF (NASDAQ:JIVE) by 147.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 49,164 shares of the ETF’s stock after buying an additional 29,330 shares during the period. JPMorgan International Value ETF comprises about 3.1% of Paradigm Strategies in Wealth Management LLC’s portfolio, making the stock its 10th biggest holding. Paradigm Strategies in Wealth Management LLC’s holdings in JPMorgan International Value ETF were worth $4,681,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Waverly Advisors LLC acquired a new stake in shares of JPMorgan International Value ETF in the second quarter worth about $2,505,000. RFG Advisory LLC acquired a new position in shares of JPMorgan International Value ETF during the 1st quarter valued at about $1,469,000. Integrated Wealth Concepts LLC raised its stake in shares of JPMorgan International Value ETF by 878.9% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 40,859 shares of the ETF’s stock valued at $3,757,000 after acquiring an additional 36,685 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of JPMorgan International Value ETF by 65.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,612,993 shares of the ETF’s stock valued at $240,276,000 after acquiring an additional 1,035,252 shares in the last quarter. Finally, Quantinno Capital Management LP bought a new position in shares of JPMorgan International Value ETF in the 1st quarter valued at approximately $484,000. 65.36% of the stock is owned by institutional investors and hedge funds.

JPMorgan International Value ETF Price Performance

JIVE traded down $0.12 on Friday, hitting $94.39. The company had a trading volume of 333,310 shares, compared to its average volume of 349,160. The company’s fifty day moving average price is $97.04 and its 200 day moving average price is $93.70. JPMorgan International Value ETF has a 1-year low of $75.10 and a 1-year high of $100.21. The stock has a market cap of $4.26 billion, a price-to-earnings ratio of -858.09 and a beta of 0.47.

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.