JPMorgan International Growth ETF (NYSEARCA:JIG) Stock Price Up 1% – Here’s Why

JPMorgan International Growth ETF (NYSEARCA:JIG)’s share price traded up 1% during mid-day trading on Friday . The company traded as high as $73.16 and last traded at $72.98. 14,814 shares changed hands during trading, a decline of 39% from the average session volume of 24,234 shares. The stock had previously closed at $72.27.

JPMorgan International Growth ETF Price Performance

The stock has a market capitalization of $266.38 million, a PE ratio of 24.51 and a beta of 0.93. The company’s 50 day moving average price is $74.83 and its two-hundred day moving average price is $73.05.

Institutional Investors Weigh In On JPMorgan International Growth ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC boosted its stake in JPMorgan International Growth ETF by 280.3% during the third quarter. Farther Finance Advisors LLC now owns 734 shares of the company’s stock worth $55,000 after buying an additional 541 shares during the last quarter. Bank of America Corp DE boosted its position in shares of JPMorgan International Growth ETF by 19,550.0% during the 3rd quarter. Bank of America Corp DE now owns 786 shares of the company’s stock valued at $59,000 after acquiring an additional 782 shares during the last quarter. Capital Investment Advisory Services LLC acquired a new position in shares of JPMorgan International Growth ETF during the 3rd quarter valued at about $61,000. Richardson Financial Services Inc. purchased a new stake in shares of JPMorgan International Growth ETF in the third quarter valued at about $108,000. Finally, Private Trust Co. NA acquired a new stake in JPMorgan International Growth ETF during the third quarter worth about $114,000.

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.