On April 13, 2026, Plan Group Financial disclosed a buy of 32,205 shares of the JPMorgan International Value ETF (JIVE +0.17%), an estimated $2.78 million trade based on quarterly average pricing.
What happened
According to its SEC filing dated April 13, 2026, Plan Group Financial increased its holding in the JPMorgan International Value ETF (JIVE +0.17%) by 32,205 shares during the first quarter. The estimated value of shares acquired was $2.78 million based on average closing prices for the period. The quarter-end value of the position increased by $2.96 million, reflecting both the trade and price moves.
What else to know
- The buy activity brought the JIVE stake to 1.42% of 13F reportable AUM after the quarter
- Top holdings after the filing:
- NYSEMKT: COWZ: $14.35 million (3.4% of AUM)
- NASDAQ: ACWI: $13.48 million (3.2% of AUM)
- NYSE: JPM: $11.56 million (2.8% of AUM)
- NYSEMKT: VOO: $11.52 million (2.7% of AUM)
- As of April 12, 2026, JIVE shares were priced at $89.85, up more than 50% over the past year and well outperforming the S&P 500’s roughly 29% gain in the same period.
ETF overview
| Metric | Value |
|---|---|
| AUM | $1.9 billion |
| Dividend Yield | 2% |
| Price (as of market close April 10, 2026) | $89.85 |
ETF snapshot
- JIVE’s investment strategy focuses on equity securities and equity-related instruments of foreign companies across both developed and emerging markets, seeking long-term value appreciation.
- The portfolio is diversified across issuers in Australia, Canada, Israel, Japan, Western Europe, Hong Kong, and select emerging markets, offering broad international exposure.
- Structured as an ETF, the fund provides daily liquidity and transparency for international value equities.
The JPMorgan International Value ETF targets value opportunities in global equity markets outside the United States. The fund invests in equity securities and equity-related instruments of foreign companies in both developed and emerging market countries, seeking long-term value appreciation through international value stocks.
What this transaction means for investors
Plan Group’s move last quarter appears to be a strategic move towards international value investments, especially as non-U.S. equities start to outperform. As of quarter’s end, JIVE has achieved about 42% returns over the past year at its net asset value, surpassing its benchmark, the MSCI ACWI ex-U.S. Value, which stands at around 31%. This outperformance is largely due to its well-diversified portfolio of around 349 holdings, with a significant 36.3% allocated to financials, along with notable investments in energy and industrials. Regionally, JIVE focuses on Europe and emerging markets in Asia, with almost 47% in the EMEA region and over 25% in Asia excluding Japan. Meanwhile, with approximately $2 billion in assets and an expense ratio of 0.55%, the fund boasts both a solid scale and active flexibility.
With that in mind, this investment seems to be a tactical play on the valuation differences across global markets. If this rotation continues, JIVE and similar funds could remain important, though investors should certainly still be mindful of potential volatility linked to macroeconomic shifts and currency fluctuations.
