JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) Shares Up 1.1% – Still a Buy?

JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) rose 1.1% on Monday . The stock traded as high as $81.29 and last traded at $81.29. Approximately 64 shares were traded during trading, a decline of 77% from the average daily volume of 281 shares. The stock had previously closed at $80.42.

JPMorgan Carbon Transition U.S. Equity ETF Trading Up 1.1%

The stock has a 50 day simple moving average of $77.09 and a 200-day simple moving average of $78.74. The firm has a market cap of $6.10 million, a P/E ratio of 26.68 and a beta of 1.02.

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

An institutional investor recently bought a new position in JPMorgan Carbon Transition U.S. Equity ETF stock. Citadel Advisors LLC acquired a new position in JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 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 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.