JPMorgan International Value ETF (NASDAQ:JIVE) Hits New 12-Month High – Here’s Why

JPMorgan International Value ETF (NASDAQ:JIVE)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $93.44 and last traded at $93.23, with a volume of 199135 shares traded. The stock had previously closed at $91.69.

JPMorgan International Value ETF Price Performance

The stock’s 50-day moving average is $89.09 and its two-hundred day moving average is $85.43. The stock has a market cap of $2.35 billion, a P/E ratio of -840.00 and a beta of 0.46.

Hedge Funds Weigh In On JPMorgan International Value ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Clarity Asset Management Inc. bought a new position in shares of JPMorgan International Value ETF during the fourth quarter worth $29,000. Wells Fargo & Company MN bought a new position in shares of JPMorgan International Value ETF during the fourth quarter worth $37,000. Advisory Services Network LLC bought a new position in shares of JPMorgan International Value ETF during the third quarter worth $39,000. Signature Equity Partners LLC bought a new position in shares of JPMorgan International Value ETF during the first quarter worth $51,000. Finally, O Shaughnessy Asset Management LLC boosted its position in shares of JPMorgan International Value ETF by 218.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 612 shares of the software maker’s stock worth $49,000 after acquiring an additional 420 shares during the last quarter. 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.