Sard Wealth Management Group LLC Makes New $12.66 Million Investment in JPMorgan International Value ETF $JIVE

Sard Wealth Management Group LLC bought a new stake in shares of JPMorgan International Value ETF (NASDAQ:JIVE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 133,002 shares of the ETF’s stock, valued at approximately $12,664,000. JPMorgan International Value ETF comprises about 5.1% of Sard Wealth Management Group LLC’s investment portfolio, making the stock its 8th biggest holding. Sard Wealth Management Group LLC owned approximately 0.29% of JPMorgan International Value ETF at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC grew its position in JPMorgan International Value ETF by 1,141.2% during the third quarter. GAMMA Investing LLC now owns 422 shares of the ETF’s stock valued at $40,000 after buying an additional 388 shares during the period. Signature Equity Partners LLC purchased a new stake in JPMorgan International Value ETF during the first quarter worth about $51,000. Rockefeller Capital Management L.P. purchased a new stake in JPMorgan International Value ETF during the fourth quarter worth about $53,000. Allworth Financial LP bought a new stake in JPMorgan International Value ETF in the second quarter worth about $70,000. Finally, SHP Wealth Management bought a new stake in JPMorgan International Value ETF in the fourth quarter worth about $89,000. 65.36% of the stock is currently owned by institutional investors.

JPMorgan International Value ETF Stock Performance

JIVE traded down $0.12 during midday trading on Friday, reaching $94.39. The company had a trading volume of 333,310 shares, compared to its average volume of 349,160. The stock has a market cap of $4.26 billion, a PE ratio of -858.09 and a beta of 0.47. JPMorgan International Value ETF has a 12-month low of $75.10 and a 12-month high of $100.21. The business has a 50-day moving average price of $97.04 and a two-hundred day moving average price of $93.70.

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.