Waverly Advisors LLC Takes $2.50 Million Position in JPMorgan International Value ETF $JIVE

Waverly Advisors LLC acquired a new position in JPMorgan International Value ETF (NASDAQ:JIVE) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 27,240 shares of the ETF’s stock, valued at approximately $2,505,000. Waverly Advisors LLC owned about 0.08% of JPMorgan International Value ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Foundations Investment Advisors LLC bought a new position in shares of JPMorgan International Value ETF in the fourth quarter valued at $504,000. RFG Advisory LLC bought a new stake in shares of JPMorgan International Value ETF during the 1st quarter worth $1,469,000. Thoroughbred Financial Services LLC bought a new stake in shares of JPMorgan International Value ETF during the 4th quarter worth $500,000. Cetera Investment Advisers grew its holdings in shares of JPMorgan International Value ETF by 116.2% in the 1st quarter. Cetera Investment Advisers now owns 510,101 shares of the ETF’s stock worth $43,685,000 after acquiring an additional 274,160 shares during the last quarter. Finally, Evernest Financial Advisors LLC acquired a new position in shares of JPMorgan International Value ETF in the 1st quarter worth $1,240,000. 65.36% of the stock is currently owned by institutional investors.

JPMorgan International Value ETF Stock Up 1.0%

Shares of NASDAQ JIVE opened at $98.92 on Friday. JPMorgan International Value ETF has a 12 month low of $73.71 and a 12 month high of $100.21. The company has a market cap of $3.59 billion, a price-to-earnings ratio of -899.27 and a beta of 0.45. The business has a fifty day simple moving average of $96.22 and a 200-day simple moving average of $92.09.

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.