Sard Wealth Management Group LLC Buys 133,002 Shares of JPMorgan International Value ETF $JIVE

Sard Wealth Management Group LLC purchased a new stake in shares of JPMorgan International Value ETF (NASDAQ:JIVE) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 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 holdings, making the stock its 8th largest holding.

A number of other institutional investors have also recently made changes to their positions in the company. TD Waterhouse Canada Inc. increased its holdings in JPMorgan International Value ETF by 7.8% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 150,591 shares of the ETF’s stock worth $14,189,000 after acquiring an additional 10,931 shares during the last quarter. Paradigm Strategies in Wealth Management LLC raised its stake in JPMorgan International Value ETF by 147.9% in the 3rd quarter. Paradigm Strategies in Wealth Management LLC now owns 49,164 shares of the ETF’s stock valued at $4,681,000 after acquiring an additional 29,330 shares during the period. Echo Wealth Management LLC lifted its holdings in JPMorgan International Value ETF by 14.6% during the third quarter. Echo Wealth Management LLC now owns 5,137 shares of the ETF’s stock valued at $489,000 after purchasing an additional 656 shares during the last quarter. AdvisorNet Financial Inc purchased a new stake in JPMorgan International Value ETF during the third quarter valued at about $295,000. Finally, Saxony Capital Management LLC purchased a new stake in JPMorgan International Value ETF during the third quarter valued at about $7,751,000. Hedge funds and other institutional investors own 65.36% of the company’s stock.

JPMorgan International Value ETF Price Performance

NASDAQ:JIVE traded down $0.12 on Friday, reaching $94.39. 333,310 shares of the company’s stock were exchanged, compared to its average volume of 349,160. The firm has a market cap of $4.26 billion, a price-to-earnings ratio of -858.09 and a beta of 0.47. JPMorgan International Value ETF has a 52 week low of $75.10 and a 52 week high of $100.21. The stock has a fifty day simple moving average of $97.04 and a 200-day simple moving average 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.