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)’s stock price was down 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 traded hands during mid-day 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 50 day simple moving average of $85.80 and a 200-day simple moving average of $80.29. The stock has a market cap of $7.08 million, a P/E ratio of 27.63 and a beta of 1.01.

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 acquired a new stake in JPMorgan Carbon Transition U.S. Equity ETF (NYSEARCA:JCTR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 22,096 shares of the company’s stock, valued at approximately $1,759,000. Citadel Advisors LLC owned 29.46% of JPMorgan Carbon Transition U.S. Equity ETF as of its most recent SEC filing.

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.