Short Interest in JPMorgan International Growth ETF (NYSEARCA:JIG) Declines By 66.0%

JPMorgan International Growth ETF (NYSEARCA:JIG) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 20,568 shares, a decline of 66.0% from the June 30th total of 60,543 shares. Based on an average trading volume of 36,152 shares, the short-interest ratio is currently 0.6 days. Currently, 0.4% of the shares of the stock are sold short.

Hedge Funds Weigh In On JPMorgan International Growth ETF

Several hedge funds have recently added to or reduced their stakes in the company. GeoWealth Management LLC grew its stake in shares of JPMorgan International Growth ETF by 7.9% during the fourth quarter. GeoWealth Management LLC now owns 2,076 shares of the company’s stock worth $152,000 after purchasing an additional 152 shares during the period. NewEdge Advisors LLC lifted its stake in JPMorgan International Growth ETF by 4.6% in the first 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. 3Chopt Investment Partners LLC boosted its holdings in JPMorgan International Growth ETF by 7.5% during the fourth quarter. 3Chopt Investment Partners LLC now owns 2,259 shares of the company’s stock worth $166,000 after buying an additional 157 shares during the last quarter. SOL Capital Management CO boosted its holdings in JPMorgan International Growth ETF by 1.7% during the fourth quarter. SOL Capital Management CO now owns 10,265 shares of the company’s stock worth $753,000 after buying an additional 175 shares during the last quarter. Finally, Prism Advisors Inc. boosted its holdings in JPMorgan International Growth ETF by 0.3% during the first quarter. Prism Advisors Inc. now owns 56,769 shares of the company’s stock worth $4,215,000 after buying an additional 187 shares during the last quarter.

JPMorgan International Growth ETF Trading Down 1.1%

Shares of JIG stock opened at $80.61 on Friday. JPMorgan International Growth ETF has a 1 year low of $69.26 and a 1 year high of $89.04. The firm’s 50 day moving average is $83.99 and its 200-day moving average is $80.39. The firm has a market capitalization of $467.54 million, a price-to-earnings ratio of 24.51 and a beta of 0.97.

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.