JPMorgan International Growth ETF (NYSEARCA:JIG) Short Interest Down 66.0% in July

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

JPMorgan International Growth ETF Price Performance

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

Hedge Funds Weigh In On JPMorgan International Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in JIG. Bank of America Corp DE grew its holdings in shares of JPMorgan International Growth ETF by 19,550.0% in the 3rd quarter. Bank of America Corp DE now owns 786 shares of the company’s stock valued at $59,000 after buying an additional 782 shares during the period. Western Wealth Management LLC acquired a new stake in JPMorgan International Growth ETF during the 1st quarter worth $64,000. Farther Finance Advisors LLC lifted its holdings in JPMorgan International Growth ETF by 86.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,370 shares of the company’s stock worth $100,000 after acquiring an additional 636 shares in the last quarter. GeoWealth Management LLC bought a new position in JPMorgan International Growth ETF during the third quarter worth about $145,000. Finally, 3Chopt Investment Partners LLC grew its stake in JPMorgan International Growth ETF by 7.5% in the fourth quarter. 3Chopt Investment Partners LLC now owns 2,259 shares of the company’s stock valued at $166,000 after acquiring an additional 157 shares during the period.

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.