JPMorgan International Value ETF (NASDAQ:JIVE) Hits New 1-Year High – Still a Buy?

JPMorgan International Value ETF (NASDAQ:JIVE)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $95.21 and last traded at $95.10, with a volume of 43034 shares. The stock had previously closed at $93.51.

JPMorgan International Value ETF Trading Up 2.2%

The firm’s fifty day simple moving average is $92.85 and its 200 day simple moving average is $89.63. The company has a market cap of $3.41 billion, a price-to-earnings ratio of -868.82 and a beta of 0.46.

Hedge Funds Weigh In On JPMorgan International Value ETF

Several large investors have recently bought and sold shares of JIVE. G&S Capital LLC lifted its holdings in JPMorgan International Value ETF by 2.1% during the 2nd quarter. G&S Capital LLC now owns 45,007 shares of the software maker’s stock worth $4,139,000 after buying an additional 941 shares during the last quarter. KWB Wealth lifted its stake in JPMorgan International Value ETF by 25.8% during the second quarter. KWB Wealth now owns 110,823 shares of the software maker’s stock worth $10,191,000 after purchasing an additional 22,699 shares during the last quarter. Redhawk Wealth Advisors Inc. acquired a new position in JPMorgan International Value ETF in the second quarter valued at approximately $331,000. Wealthcare Advisory Partners LLC acquired a new position in JPMorgan International Value ETF in the second quarter valued at approximately $6,191,000. Finally, Focus Financial Network Inc. increased its stake in JPMorgan International Value ETF by 0.5% in the second quarter. Focus Financial Network Inc. now owns 23,507 shares of the software maker’s stock valued at $2,162,000 after purchasing an additional 117 shares during 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.