Modus Advisors Loads Up on International Value With $3.5 Million JIVE Buy

What happened

According to a recent SEC filing, Modus Advisors, LLC, bought 41,044 shares of the JPMorgan International Value ETF (NASDAQ:JIVE) 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

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 (NASDAQ:QQQM), Nvidia (NASDAQ:NVDA), and Alphabet (NASDAQ:GOOGL) -- 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.