JPMorgan International Growth ETF (NYSEARCA:JIG) Stock Price Down 0.6% – Here’s What Happened

JPMorgan International Growth ETF (NYSEARCA:JIG) shares traded down 0.6% during mid-day trading on Tuesday . The company traded as low as $85.93 and last traded at $86.01. Approximately 16,180 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 35,056 shares. The stock had previously closed at $86.55.

JPMorgan International Growth ETF Price Performance

The firm has a market cap of $466.45 million, a price-to-earnings ratio of 24.51 and a beta of 0.98. The business’s 50-day moving average price is $82.34 and its two-hundred day moving average price is $78.41.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its position 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 worth $59,000 after purchasing an additional 782 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of JPMorgan International Growth ETF during the first quarter worth about $64,000. Farther Finance Advisors LLC lifted its position in shares of 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 purchasing an additional 636 shares during the last quarter. GeoWealth Management LLC acquired a new position in JPMorgan International Growth ETF in 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 worth $166,000 after purchasing an additional 157 shares in the last quarter.

About JPMorgan International Growth ETF

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.