Royal Bank of Canada Cuts Position in JPMorgan International Growth ETF $JIG

Royal Bank of Canada decreased its holdings in JPMorgan International Growth ETF (NYSEARCA:JIG) by 41.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,708 shares of the company’s stock after selling 11,117 shares during the quarter. Royal Bank of Canada owned 0.30% of JPMorgan International Growth ETF worth $1,166,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Janney Montgomery Scott LLC grew its holdings in JPMorgan International Growth ETF by 6.2% in the first quarter. Janney Montgomery Scott LLC now owns 278,618 shares of the company’s stock valued at $20,685,000 after purchasing an additional 16,226 shares during the period. Cetera Investment Advisers lifted its position in shares of JPMorgan International Growth ETF by 24.2% during the 1st quarter. Cetera Investment Advisers now owns 160,485 shares of the company’s stock valued at $11,914,000 after buying an additional 31,225 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in shares of JPMorgan International Growth ETF during the 2nd quarter valued at approximately $7,451,000. Key Financial Inc grew its stake in JPMorgan International Growth ETF by 1.8% in the 1st quarter. Key Financial Inc now owns 101,863 shares of the company’s stock valued at $7,562,000 after acquiring an additional 1,768 shares during the period. Finally, Mariner LLC grew its stake in JPMorgan International Growth ETF by 3.3% in the 3rd quarter. Mariner LLC now owns 99,535 shares of the company’s stock valued at $7,499,000 after acquiring an additional 3,223 shares during the period.

JPMorgan International Growth ETF Stock Performance

NYSEARCA:JIG opened at $84.60 on Friday. The company has a fifty day moving average of $84.21 and a two-hundred day moving average of $81.27. The stock has a market capitalization of $499.14 million, a PE ratio of 24.51 and a beta of 0.98. JPMorgan International Growth ETF has a fifty-two week low of $70.77 and a fifty-two week high of $89.04.

JPMorgan International Growth ETF Company Profile

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.