JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) Trading 0.1% Higher – Time to Buy?

Shares of JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) were up 0.1% during trading on Friday . The stock traded as high as $89.80 and last traded at $89.9350. Approximately 3 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 481 shares. The stock had previously closed at $89.86.

JPMorgan Carbon Transition U.S. Equity ETF Trading Up 0.1%

The firm has a market capitalization of $7.19 million, a PE ratio of 27.63 and a beta of 1.01. The stock’s 50 day moving average price is $89.94 and its two-hundred day moving average price is $89.93.

Institutional Investors Weigh In On JPMorgan Carbon Transition U.S. Equity ETF

A hedge fund recently raised its stake in JPMorgan Carbon Transition U.S. Equity ETF stock. Citadel Advisors LLC grew its stake in shares of JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) by 121.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,479 shares of the company’s stock after buying an additional 3,010 shares during the period. Citadel Advisors LLC owned 6.85% of JPMorgan Carbon Transition U.S. Equity ETF worth $490,000 at the end of the most recent reporting period.

JPMorgan Carbon Transition U.S. Equity ETF Company Profile

The JPMorgan Carbon Transition U.S. Equity ETF (JCTR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of large-cap US stocks that are selected with a preference toward lower carbon footprint. JCTR was launched on Dec 9, 2020 and is managed by JPMorgan Chase.