Bank of America Corp DE Purchases 1,115,227 Shares of JPMorgan International Value ETF $JIVE

Bank of America Corp DE increased its holdings in shares of JPMorgan International Value ETF (NASDAQ:JIVE) by 2,197.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,165,983 shares of the ETF’s stock after buying an additional 1,115,227 shares during the quarter. Bank of America Corp DE owned 4.58% of JPMorgan International Value ETF worth $99,855,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its position in shares of JPMorgan International Value ETF by 4.0% during the first quarter. Royal Bank of Canada now owns 24,864 shares of the ETF’s stock worth $1,538,000 after purchasing an additional 953 shares during the period. Jane Street Group LLC grew its position in shares of JPMorgan International Value ETF by 142.7% in the 1st quarter. Jane Street Group LLC now owns 75,886 shares of the ETF’s stock valued at $4,694,000 after purchasing an additional 44,613 shares during the period. JPMorgan Chase & Co. bought a new stake in JPMorgan International Value ETF during the 2nd quarter worth approximately $2,633,000. Raymond James Financial Inc. increased its stake in JPMorgan International Value ETF by 160.3% during the 2nd quarter. Raymond James Financial Inc. now owns 445,031 shares of the ETF’s stock worth $30,840,000 after purchasing an additional 274,037 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its holdings in JPMorgan International Value ETF by 198.2% during the 2nd quarter. Benjamin Edwards Inc. now owns 17,056 shares of the ETF’s stock worth $1,182,000 after buying an additional 11,337 shares during the period. 65.36% of the stock is currently owned by institutional investors.

JPMorgan International Value ETF Stock Performance

Shares of JIVE opened at $97.36 on Friday. The firm has a market cap of $3.53 billion, a P/E ratio of -885.09 and a beta of 0.45. JPMorgan International Value ETF has a twelve month low of $71.84 and a twelve month high of $97.62. The firm’s 50 day moving average price is $93.42 and its two-hundred day moving average price is $90.25.

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.