JPMorgan International Value ETF $JIVE Shares Newly Purchased by Saxony Capital Management LLC

Saxony Capital Management LLC purchased a new position in shares of JPMorgan International Value ETF (NASDAQ:JIVE) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 81,406 shares of the ETF’s stock, valued at approximately $7,751,000. JPMorgan International Value ETF accounts for about 3.1% of Saxony Capital Management LLC’s holdings, making the stock its 4th biggest position.

Other large investors have also modified their holdings of the company. Envestnet Asset Management Inc. grew its stake in JPMorgan International Value ETF by 65.6% in the second quarter. Envestnet Asset Management Inc. now owns 2,612,993 shares of the ETF’s stock worth $240,276,000 after purchasing an additional 1,035,252 shares in the last quarter. Bank of America Corp DE increased its holdings in JPMorgan International Value ETF by 2,197.2% in the first quarter. Bank of America Corp DE now owns 1,165,983 shares of the ETF’s stock valued at $99,855,000 after buying an additional 1,115,227 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in JPMorgan International Value ETF by 29.0% during the first quarter. Janney Montgomery Scott LLC now owns 536,470 shares of the ETF’s stock valued at $45,943,000 after buying an additional 120,721 shares in the last quarter. Cetera Investment Advisers raised its stake in JPMorgan International Value ETF by 116.2% during the first quarter. Cetera Investment Advisers now owns 510,101 shares of the ETF’s stock valued at $43,685,000 after buying an additional 274,160 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in JPMorgan International Value ETF by 37.7% during the first quarter. Royal Bank of Canada now owns 477,108 shares of the ETF’s stock valued at $40,860,000 after buying an additional 130,621 shares in the last quarter. Institutional investors own 65.36% of the company’s stock.

JPMorgan International Value ETF Stock Up 0.5%

NASDAQ:JIVE opened at $94.51 on Friday. The business’s 50 day moving average is $97.10 and its two-hundred day moving average is $93.69. JPMorgan International Value ETF has a 52 week low of $75.10 and a 52 week high of $100.21. The company has a market cap of $4.26 billion, a PE ratio of -859.18 and a beta of 0.47.

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.