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

Shares of JPM Carbon Transition US Equity ETF (NYSEARCA:JCTR) shot up 0.8% on Monday . The stock traded as high as $76.62 and last traded at $76.62. 548 shares changed hands during trading, an increase of 74% from the average session volume of 314 shares. The stock had previously closed at $76.04.

JPM Carbon Transition US Equity ETF Trading Up 0.8 %

The company’s 50-day moving average price is $80.52 and its two-hundred day moving average price is $79.53. The company has a market cap of $7.66 million, a P/E ratio of 26.85 and a beta of 1.02.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in JPM Carbon Transition US Equity ETF stock. Citadel Advisors LLC purchased a new position in shares of JPM Carbon Transition US Equity ETF (NYSEARCA:JCTR) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 22,096 shares of the company’s stock, valued at approximately $1,759,000. Citadel Advisors LLC owned 29.46% of JPM Carbon Transition US Equity ETF at the end of the most recent quarter.

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.