Cornerstone Wealth Management LLC Increases Stock Position in JPMorgan International Growth ETF (NYSEARCA:JIG)

Cornerstone Wealth Management LLC raised its position in shares of JPMorgan International Growth ETF (NYSEARCA:JIG) by 17.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 66,098 shares of the company’s stock after buying an additional 10,057 shares during the quarter. Cornerstone Wealth Management LLC owned about 4.62% of JPMorgan International Growth ETF worth $4,128,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in JPMorgan International Growth ETF by 4.6% during the third quarter. JPMorgan Chase & Co. now owns 135,745 shares of the company’s stock valued at $9,153,000 after buying an additional 6,015 shares during the period. Key Financial Inc lifted its position in JPMorgan International Growth ETF by 4.6% during the third quarter. Key Financial Inc now owns 83,069 shares of the company’s stock valued at $5,601,000 after buying an additional 3,657 shares during the period. Janney Montgomery Scott LLC raised its position in shares of JPMorgan International Growth ETF by 6.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 76,339 shares of the company’s stock worth $4,767,000 after purchasing an additional 4,483 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of JPMorgan International Growth ETF by 1.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 59,325 shares of the company’s stock worth $4,000,000 after purchasing an additional 927 shares during the last quarter. Finally, Freedom Investment Management Inc. raised its position in shares of JPMorgan International Growth ETF by 2.6% in the 3rd quarter. Freedom Investment Management Inc. now owns 12,393 shares of the company’s stock worth $836,000 after purchasing an additional 311 shares during the last quarter.

JPMorgan International Growth ETF Price Performance

JIG opened at $65.00 on Friday. The stock has a 50-day moving average price of $64.14 and a 200-day moving average price of $64.96. The firm has a market cap of $92.95 million, a PE ratio of 22.65 and a beta of 0.97. JPMorgan International Growth ETF has a 1 year low of $58.21 and a 1 year high of $69.61.

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.