Cornerstone Wealth Management LLC Purchases 23,243 Shares of JPMorgan International Growth ETF $JIG

Cornerstone Wealth Management LLC increased its position in JPMorgan International Growth ETF (NYSEARCA:JIG) by 16.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 164,369 shares of the company’s stock after purchasing an additional 23,243 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in JPMorgan International Growth ETF were worth $13,777,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hopwood Nicholas Hunter acquired a new position in JPMorgan International Growth ETF during the 2nd quarter valued at about $1,111,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of JPMorgan International Growth ETF during the 3rd quarter worth approximately $542,000. Bank of America Corp DE grew its position in shares of JPMorgan International Growth ETF by 36,029.8% during the 1st quarter. Bank of America Corp DE now owns 660,453 shares of the company’s stock worth $49,032,000 after buying an additional 658,625 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of JPMorgan International Growth ETF by 5.4% during the second quarter. Envestnet Asset Management Inc. now owns 313,705 shares of the company’s stock worth $27,347,000 after buying an additional 16,025 shares during the last quarter. Finally, Park Avenue Securities LLC bought a new stake in shares of JPMorgan International Growth ETF during the third quarter worth approximately $2,571,000.

JPMorgan International Growth ETF Price Performance

Shares of NYSEARCA JIG opened at $79.32 on Wednesday. The company’s 50 day simple moving average is $82.82 and its 200 day simple moving average is $81.68. JPMorgan International Growth ETF has a fifty-two week low of $70.96 and a fifty-two week high of $89.04. The firm has a market capitalization of $525.10 million, a P/E ratio of 18.39 and a beta of 0.99.

JPMorgan International Growth ETF 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.