JPMorgan International Value ETF (NASDAQ:JIVE) Reaches New 1-Year High – Time to Buy?

JPMorgan International Value ETF (NASDAQ:JIVE) shares hit a new 52-week high during trading on Thursday . The company traded as high as $92.65 and last traded at $92.59, with a volume of 324112 shares traded. The stock had previously closed at $91.96.

JPMorgan International Value ETF Stock Up 0.5%

The stock has a market cap of $2.35 billion, a P/E ratio of -840.36 and a beta of 0.46. The firm has a 50 day moving average price of $88.26 and a 200 day moving average price of $84.76.

Hedge Funds Weigh In On JPMorgan International Value ETF

Several large investors have recently added to or reduced their stakes in JIVE. Clarity Asset Management Inc. purchased a new stake in shares of JPMorgan International Value ETF in the fourth quarter worth $29,000. Wells Fargo & Company MN bought a new position in JPMorgan International Value ETF in the 4th quarter worth $37,000. Advisory Services Network LLC bought a new position in JPMorgan International Value ETF in the 3rd quarter worth $39,000. Signature Equity Partners LLC bought a new position in JPMorgan International Value ETF in the 1st quarter worth $51,000. Finally, O Shaughnessy Asset Management LLC increased its stake in JPMorgan International Value ETF by 218.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 612 shares of the software maker’s stock worth $49,000 after buying an additional 420 shares in the last quarter. Hedge funds and other institutional investors own 65.36% of the company’s stock.

JPMorgan International Value ETF Company Profile

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.