JPMorgan International Growth ETF (NYSEARCA:JIG) Short Interest Update
by Jessica Moore · The Cerbat GemJPMorgan International Growth ETF (NYSEARCA:JIG – Get Free Report) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 40,537 shares, a growth of 67.5% from the March 15th total of 24,194 shares. Based on an average trading volume of 28,661 shares, the short-interest ratio is presently 1.4 days. Approximately 0.8% of the shares of the stock are short sold.
Hedge Funds Weigh In On JPMorgan International Growth ETF
A number of large investors have recently added to or reduced their stakes in JIG. Envestnet Asset Management Inc. raised its position in JPMorgan International Growth ETF by 2,998.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 267,833 shares of the company’s stock worth $20,179,000 after purchasing an additional 259,190 shares during the period. Vestmark Advisory Solutions Inc. purchased a new position in JPMorgan International Growth ETF in the 3rd quarter worth $13,405,000. Assetmark Inc. purchased a new position in JPMorgan International Growth ETF in the 3rd quarter worth $7,865,000. EP Wealth Advisors LLC purchased a new position in JPMorgan International Growth ETF in the 2nd quarter worth $7,451,000. Finally, Fidelity D & D Bancorp Inc. purchased a new position in JPMorgan International Growth ETF in the 4th quarter worth $6,997,000.
JPMorgan International Growth ETF Stock Up 0.8%
Shares of NYSEARCA JIG traded up $0.61 during mid-day trading on Monday, reaching $80.53. 17,752 shares of the company were exchanged, compared to its average volume of 37,247. JPMorgan International Growth ETF has a 52 week low of $61.51 and a 52 week high of $82.13. The stock has a market capitalization of $418.76 million, a PE ratio of 24.51 and a beta of 0.98. The company’s 50 day moving average price is $77.46 and its 200 day moving average price is $76.09.
About JPMorgan International Growth ETF
The JPMorgan International Growth ETF (JIG) is an exchange-traded fund that is based on the MSCI EAFE Growth index. The fund is an actively-managed portfolio of global ex-US stocks fundamentally selected for growth and quality traits. JIG was launched on May 20, 2020 and is managed by JPMorgan Chase.