JPM Carbon Transition US Equity ETF (NYSEARCA:JCTR) Trading Down 1.9% – Here’s What Happened

JPM Carbon Transition US Equity ETF (NYSEARCA:JCTR) was down 1.9% on Friday . The company traded as low as $81.43 and last traded at $81.43. Approximately 25 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 198 shares. The stock had previously closed at $83.03.

JPM Carbon Transition US Equity ETF Stock Performance

The firm has a market capitalization of $8.14 million, a P/E ratio of 29.20 and a beta of 1.02. The stock has a fifty day moving average price of $81.46 and a two-hundred day moving average price of $79.07.

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 purchased a new stake in shares of JPM Carbon Transition US Equity ETF (NYSEARCA:JCTR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 22,096 shares of the company’s stock, valued at approximately $1,759,000. Citadel Advisors LLC owned about 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.