JPMorgan International Value ETF $JIVE Stock: Kestra Advisory Services LLC Increases Holdings

Kestra Advisory Services LLC lifted its stake in shares of JPMorgan International Value ETF (NASDAQ:JIVE) by 11.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 158,162 shares of the ETF’s stock after acquiring an additional 15,667 shares during the quarter. Kestra Advisory Services LLC’s holdings in JPMorgan International Value ETF were worth $15,060,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Envestnet Asset Management Inc. grew its holdings 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 worth $240,276,000 after acquiring an additional 1,035,252 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of JPMorgan International Value ETF by 2,197.2% during 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 purchasing an additional 1,115,227 shares during the last quarter. Commonwealth Equity Services LLC purchased a new stake in shares of JPMorgan International Value ETF during the third quarter valued at $63,228,000. Cetera Investment Advisers lifted its holdings in shares of JPMorgan International Value ETF by 116.2% during the first quarter. Cetera Investment Advisers now owns 510,101 shares of the ETF’s stock valued at $43,685,000 after purchasing an additional 274,160 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in shares of JPMorgan International Value ETF by 37.7% in the 1st quarter. Royal Bank of Canada now owns 477,108 shares of the ETF’s stock valued at $40,860,000 after purchasing an additional 130,621 shares during the period. 65.36% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan International Value ETF Stock Down 0.0%

NASDAQ:JIVE opened at $92.61 on Monday. JPMorgan International Value ETF has a 1-year low of $75.89 and a 1-year high of $100.21. The firm has a market capitalization of $4.45 billion, a price-to-earnings ratio of -841.91 and a beta of 0.48. The stock has a fifty day simple moving average of $95.95 and a 200 day simple moving average of $92.24.

About JPMorgan International Value ETF

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.