JPM Carbon Transition US Equity ETF (NYSEARCA:JCTR) Shares Down 3% – Time to Sell?

JPM Carbon Transition US Equity ETF (NYSEARCA:JCTR)’s share price traded down 3% during mid-day trading on Wednesday . The stock traded as low as $79.96 and last traded at $79.96. 167 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 330 shares. The stock had previously closed at $82.46.

JPM Carbon Transition US Equity ETF Stock Performance

The firm has a market cap of $6.04 million, a P/E ratio of 28.05 and a beta of 1.02. The business’s fifty day moving average is $80.32 and its 200-day moving average is $76.54.

JPM Carbon Transition US 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.