What happened
According to a recent SEC filing, Modus Advisors, LLC, bought 41,044 shares of the JPMorgan International Value ETF (JIVE 1.11%) during the first quarter of 2026. The estimated transaction value was approximately $3.5 million, calculated using the average closing price for the quarter. The fund ended the period holding 107,248 shares, with a quarter-end position value increase of approximately $3.9 million — reflecting both the new purchase and share price appreciation over the quarter.
What else to know
- The post-trade stake represents 2.5% of Modus Advisors’ 13F reportable AUM.
- Top holdings after the filing:
- NYSE: IAU: $24.1 million (6.6% of AUM)
- NASDAQ: QQQM: $11.9 million (3.3% of AUM)
- NYSE: VTI: $11.4 million (3.1% of AUM)
- NASDAQ: NVDA: $10.4 million (2.9% of AUM)
- NASDAQ: GOOGL: $9.9 million (2.7% of AUM)
- As of May 1, 2026, JIVE shares were trading at $90.22, up about 48% over the prior year — outperforming the S&P 500 by roughly 21 percentage points, and outperforming the Foreign Large Value category benchmark by roughly 17 percentage points.
ETF overview
| Metric | Value |
|---|---|
| AUM | $1.9 billion |
| Expense ratio | 0.55% |
| Dividend yield | 2.14% |
| 1-year return (as of 5/1/26) | 47.76% |
ETF snapshot
JPMorgan International Value ETF (JIVE) provides investors with exposure to international equities across both developed and emerging markets, with a focus on value-oriented stocks and income generation. The fund seeks to capitalize on global opportunities while managing risk through broad diversification.
With a sizable asset base and a focus on dividend income, the ETF is positioned as a core holding for investors seeking international equity exposure with a value tilt.
What this transaction means for investors
Modus Advisors increased its JIVE position by roughly 62% during Q1 — from about 66,200 shares at the end of 2024 to over 107,000 shares as of March 31, 2026. The increased position represents about 2.5% of Modus’ AUM, making this a relatively modest purchase in the grand scheme of things.
JIVE has been one of the standout performers in the international ETF space, gaining roughly 48% over the past year and beating both the S&P 500 and its Foreign Large Value peers by wide margins.
For a firm whose top holdings combine a sizable gold position with U.S. growth-tilted names like the Invesco NASDAQ 100 ETF (QQQM 0.28%), Nvidia (NVDA 0.36%), and Alphabet (GOOGL 0.76%) — the JIVE purchase adds more international value exposure with an income component. In a market where U.S. equities have dominated for years, that kind of deliberate diversification into foreign value stocks can serve as a hedge against domestic concentration risk. And JIVE’s 2.1% dividend yield adds a tangible income stream that gold and growth-oriented tech names simply don’t provide.
For everyday investors, this kind of institutional move is a reminder that international equities — particularly in value-oriented developed and emerging markets — may be worth a closer look. Whether you’d go through a fund like JIVE or a broader international index, the case for some global diversification alongside a U.S.-heavy portfolio remains a sensible long-term consideration.
Andy Gould has positions in Alphabet and Nvidia and has the following options: long January 2027 $125 calls on Nvidia, short January 2027 $125 puts on Nvidia, and short May 2026 $400 calls on Alphabet. The Motley Fool has positions in and recommends Alphabet and Nvidia. The Motley Fool has a disclosure policy.
