JPMorgan International Growth ETF (NYSEARCA:JIG) Shares Climb 0.9% – Time to Buy?

Shares of JPMorgan International Growth ETF (NYSEARCA:JIG) shot up 0.9% during trading on Wednesday. The stock traded as high as $81.53 and last traded at $81.40. Approximately 38,926 shares traded hands during trading, an increase of 15% from the average daily volume of 33,801 shares. The stock had previously closed at $80.64.

JPMorgan International Growth ETF Price Performance

The stock has a market capitalization of $519.79 million, a PE ratio of 24.51 and a beta of 0.98. The firm’s 50 day simple moving average is $83.70 and its 200 day simple moving average is $81.60.

Hedge Funds Weigh In On JPMorgan International Growth ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC boosted its position in JPMorgan International Growth ETF by 4.6% during the 1st quarter. NewEdge Advisors LLC now owns 3,517 shares of the company’s stock valued at $261,000 after buying an additional 155 shares during the period. IFP Advisors Inc increased its position in shares of JPMorgan International Growth ETF by 3.3% in the third quarter. IFP Advisors Inc now owns 5,871 shares of the company’s stock valued at $492,000 after acquiring an additional 187 shares during the period. Capital Analysts LLC increased its position 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 during the period. Fidelity D & D Bancorp Inc. raised its stake in shares of JPMorgan International Growth ETF by 0.6% during the first quarter. Fidelity D & D Bancorp Inc. now owns 95,956 shares of the company’s stock valued at $7,124,000 after acquiring an additional 542 shares during the last quarter. Finally, Western Wealth Management LLC bought a new position in shares of JPMorgan International Growth ETF during the first quarter valued at about $64,000.

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.