Cornerstone Wealth Management LLC Buys 13,036 Shares of JPMorgan International Growth ETF $JIG

Cornerstone Wealth Management LLC lifted its stake in JPMorgan International Growth ETF (NYSEARCA:JIG) by 15.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 96,046 shares of the company’s stock after purchasing an additional 13,036 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in JPMorgan International Growth ETF were worth $7,044,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. raised its stake in shares of JPMorgan International Growth ETF by 2,998.8% in the third quarter. Envestnet Asset Management Inc. now owns 267,833 shares of the company’s stock worth $20,179,000 after buying an additional 259,190 shares during the period. Vestmark Advisory Solutions Inc. bought a new position in shares of JPMorgan International Growth ETF in the third quarter worth about $13,405,000. Assetmark Inc. bought a new position in shares of JPMorgan International Growth ETF in the third quarter worth about $7,865,000. EP Wealth Advisors LLC bought a new position in shares of JPMorgan International Growth ETF in the second quarter worth about $7,451,000. Finally, Mariner LLC raised its stake in shares of JPMorgan International Growth ETF by 3.3% in the third quarter. Mariner LLC now owns 99,535 shares of the company’s stock worth $7,499,000 after buying an additional 3,223 shares during the period.

JPMorgan International Growth ETF Trading Up 0.3%

Shares of JIG opened at $83.38 on Friday. The business’s 50 day moving average is $78.49 and its 200 day moving average is $77.01. The company has a market capitalization of $441.91 million, a PE ratio of 24.51 and a beta of 0.98. JPMorgan International Growth ETF has a 12-month low of $66.49 and a 12-month high of $84.63.

JPMorgan International Growth ETF 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.