JPMorgan International Growth ETF (NYSEARCA:JIG) Stock Short Interest Drops 40.4%

JPMorgan International Growth ETF (NYSEARCA:JIG – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 33,842 shares, a decrease of 40.4% from the August 31st total of 56,738 shares. Based on an average trading volume of 23,984 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.5% of the company’s stock are short sold.

JPMorgan International Growth ETF Price Performance

JIG opened at $84.42 on Wednesday. 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 $525.09 million, a P/E ratio of 24.51 and a beta of 0.98. The company’s 50-day moving average is $84.04 and its 200 day moving average is $82.37.

Institutional Investors Weigh In On JPMorgan International Growth ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in JIG. Envestnet Portfolio Solutions Inc. purchased a new position in shares of JPMorgan International Growth ETF in the 2nd quarter worth approximately $300,000. Envestnet Asset Management Inc. grew its holdings in shares of JPMorgan International Growth ETF by 5.4% in the second quarter. Envestnet Asset Management Inc. now owns 313,705 shares of the company’s stock valued at $27,347,000 after acquiring an additional 16,025 shares in the last quarter. Capital Analysts LLC grew its holdings in shares of JPMorgan International Growth ETF by 196.0% in the second quarter. Capital Analysts LLC now owns 444 shares of the company’s stock valued at $39,000 after acquiring an additional 294 shares in the last quarter. IFP Advisors Inc increased its position in shares of JPMorgan International Growth ETF by 15.7% during the second quarter. IFP Advisors Inc now owns 5,684 shares of the company’s stock valued at $496,000 after acquiring an additional 771 shares during the last quarter. Finally, MLG Wealth Management DBA Pine Grove Financial Group increased its position in shares of JPMorgan International Growth ETF by 34.3% during the second quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 7,278 shares of the company’s stock valued at $634,000 after acquiring an additional 1,859 shares during the last quarter.

JPMorgan International Growth ETF Company Profile

(Get Free Report)

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.

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