JPM Carbon Transition US Equity ETF (NYSEARCA:JCTR) Stock Price Down 1.2%

JPM Carbon Transition US Equity ETF (NYSEARCA:JCTR) dropped 1.2% during mid-day trading on Friday . The company traded as low as $60.58 and last traded at $60.58. Approximately 135 shares changed hands during trading, a decline of 51% from the average daily volume of 273 shares. The stock had previously closed at $61.30.

JPM Carbon Transition US Equity ETF Price Performance

The company has a market capitalization of $24.23 million, a price-to-earnings ratio of 19.13 and a beta of 1.01. The stock has a 50 day moving average price of $60.79 and a two-hundred day moving average price of $57.78.

Institutional Trading of JPM Carbon Transition US Equity ETF

An institutional investor recently raised its position in JPM Carbon Transition US Equity ETF stock. Bank of America Corp DE grew its holdings in JPM Carbon Transition US Equity ETF (NYSEARCA:JCTR) by 5,100.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 416 shares of the company’s stock after buying an additional 408 shares during the quarter. Bank of America Corp DE owned approximately 0.10% of JPM Carbon Transition US Equity ETF worth $25,000 at the end of the most recent reporting period.

JPM Carbon Transition US Equity ETF Company Profile

The JPMorgan Carbon Transition U.S. Equity ETF (JCTR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of large-cap US stocks that are selected with a preference toward lower carbon footprint. JCTR was launched on Dec 9, 2020 and is managed by JPMorgan Chase.