JPMorgan International Growth ETF (NYSEARCA:JIG) Sees Unusually-High Trading Volume – What’s Next?

JPMorgan International Growth ETF (NYSEARCA:JIG) shares saw unusually-high trading volume on Thursday. 123,633 shares changed hands during mid-day trading, an increase of 263% from the average daily volume of 34,076 shares. The stock last traded at $79.7150 and had previously closed at $80.71.

JPMorgan International Growth ETF Stock Performance

The company has a market capitalization of $526.81 million, a PE ratio of 18.39 and a beta of 0.99. The company has a 50 day moving average price of $82.76 and a 200 day moving average price of $81.70.

Hedge Funds Weigh In On JPMorgan International Growth ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Capital Analysts LLC raised its position in shares of JPMorgan International Growth ETF by 196.0% during the 2nd quarter. Capital Analysts LLC now owns 444 shares of the company’s stock worth $39,000 after buying an additional 294 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of JPMorgan International Growth ETF in the first quarter valued at approximately $64,000. AdvisorNet Financial Inc acquired a new position in shares of JPMorgan International Growth ETF during the third quarter valued at approximately $205,000. Kestra Advisory Services LLC acquired a new position in shares of JPMorgan International Growth ETF during the first quarter valued at approximately $228,000. Finally, HighTower Advisors LLC bought a new stake in JPMorgan International Growth ETF during the third quarter worth approximately $229,000.

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.