JPM Carbon Transition US Equity ETF (NYSEARCA:JCTR) Stock Price Up 0.8% – Still a Buy?

JPM Carbon Transition US Equity ETF (NYSEARCA:JCTR)’s stock price rose 0.8% on Monday . The company traded as high as $76.62 and last traded at $76.62. Approximately 548 shares traded hands during trading, an increase of 74% from the average daily volume of 314 shares. The stock had previously closed at $76.04.

JPM Carbon Transition US Equity ETF Stock Up 1.1 %

The company has a market cap of $7.66 million, a PE ratio of 26.85 and a beta of 1.02. The stock’s 50 day simple moving average is $80.43 and its two-hundred day simple moving average is $79.53.

Hedge Funds Weigh In On JPM Carbon Transition US Equity ETF

A hedge fund recently bought a new stake in JPM Carbon Transition US Equity ETF stock. Citadel Advisors LLC acquired a new position in JPM Carbon Transition US Equity ETF (NYSEARCA:JCTR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,096 shares of the company’s stock, valued at approximately $1,759,000. Citadel Advisors LLC owned approximately 29.46% of JPM Carbon Transition US Equity ETF as of its most recent SEC filing.

About JPM Carbon Transition US 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.