JPMorgan International Growth ETF (NYSEARCA:JIG) Short Interest Update

JPMorgan International Growth ETF (NYSEARCA:JIG) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 25,738 shares, a growth of 117.1% from the January 15th total of 11,856 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 17,886 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily trading volume, of 17,886 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Investors Weigh In On JPMorgan International Growth ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Jane Street Group LLC boosted its position in JPMorgan International Growth ETF by 6.4% in the first quarter. Jane Street Group LLC now owns 5,254 shares of the company’s stock valued at $333,000 after buying an additional 318 shares during the last quarter. IFP Advisors Inc lifted its stake in JPMorgan International Growth ETF by 41.5% during the 2nd quarter. IFP Advisors Inc now owns 2,907 shares of the company’s stock valued at $208,000 after acquiring an additional 852 shares during the period. Cetera Investment Advisers lifted its stake in JPMorgan International Growth ETF by 60.1% during the 2nd quarter. Cetera Investment Advisers now owns 41,173 shares of the company’s stock valued at $2,944,000 after acquiring an additional 15,462 shares during the period. EP Wealth Advisors LLC purchased a new stake in shares of JPMorgan International Growth ETF in the 2nd quarter valued at $7,451,000. Finally, Thrivent Financial for Lutherans acquired a new stake in shares of JPMorgan International Growth ETF in the second quarter worth $813,000.

JPMorgan International Growth ETF Stock Performance

JIG stock traded down $1.08 during midday trading on Thursday, reaching $79.11. The stock had a trading volume of 20,286 shares, compared to its average volume of 43,231. The firm has a fifty day simple moving average of $75.88 and a two-hundred day simple moving average of $74.62. JPMorgan International Growth ETF has a 52-week low of $53.65 and a 52-week high of $80.67. The stock has a market cap of $320.40 million, a PE ratio of 24.51 and a beta of 0.93.

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.