JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) Shares Up 0.1% – Should You Buy?

JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) shares traded up 0.1% on Tuesday . The stock traded as high as $89.80 and last traded at $89.9350. 3 shares were traded during trading, a decline of 99% from the average session volume of 432 shares. The stock had previously closed at $89.86.

JPMorgan Carbon Transition U.S. Equity ETF Stock Performance

The company has a market capitalization of $7.19 million, a P/E ratio of 27.63 and a beta of 1.01. The business’s fifty day simple moving average is $89.94 and its 200-day simple moving average is $89.14.

Hedge Funds Weigh In On JPMorgan Carbon Transition U.S. Equity ETF

A hedge fund recently raised its stake in JPMorgan Carbon Transition U.S. Equity ETF stock. Citadel Advisors LLC raised its position in shares of JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) by 121.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,479 shares of the company’s stock after buying an additional 3,010 shares during the quarter. Citadel Advisors LLC owned about 6.85% of JPMorgan Carbon Transition U.S. Equity ETF worth $490,000 as of its most recent SEC filing.

JPMorgan Carbon Transition U.S. 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.