JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) Trading Down 0.1% – Time to Sell?

JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) shares dropped 0.1% during mid-day trading on Friday . The stock traded as low as $88.44 and last traded at $88.44. Approximately 146 shares were traded during trading, a decline of 37% from the average daily volume of 230 shares. The stock had previously closed at $88.52.

JPMorgan Carbon Transition U.S. Equity ETF Stock Down 0.1%

The firm has a market cap of $7.08 million, a P/E ratio of 27.63 and a beta of 1.01. The firm has a fifty day moving average of $85.80 and a 200-day moving average of $80.29.

Institutional Trading of JPMorgan Carbon Transition U.S. Equity ETF

A hedge fund recently bought a new stake in JPMorgan Carbon Transition U.S. Equity ETF stock. Citadel Advisors LLC bought a new position in shares of JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 22,096 shares of the company’s stock, valued at approximately $1,759,000. Citadel Advisors LLC owned approximately 29.46% of JPMorgan Carbon Transition U.S. Equity ETF as of its most recent filing with the Securities & Exchange Commission.

About JPMorgan Carbon Transition U.S. Equity ETF

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.