JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Hits New 52-Week High – Time to Buy?

Shares of JPMorgan Global Select Equity ETF (NASDAQ:JGLOGet Free Report) hit a new 52-week high on Friday . The stock traded as high as $64.14 and last traded at $64.14, with a volume of 1026 shares trading hands. The stock had previously closed at $63.68.

JPMorgan Global Select Equity ETF Trading Up 0.9%

The firm has a 50 day simple moving average of $60.93 and a two-hundred day simple moving average of $60.46. The company has a market capitalization of $6.91 billion, a PE ratio of 23.57 and a beta of 1.02.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of JGLO. Triad Wealth Partners LLC purchased a new position in shares of JPMorgan Global Select Equity ETF in the 4th quarter valued at approximately $795,000. Vestmark Advisory Solutions Inc. boosted its stake in shares of JPMorgan Global Select Equity ETF by 10.0% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 616,801 shares of the company’s stock valued at $37,033,000 after buying an additional 56,228 shares in the last quarter. HighTower Advisors LLC purchased a new stake in shares of JPMorgan Global Select Equity ETF in the fourth quarter valued at approximately $205,000. HMV Wealth Advisors LLC purchased a new stake in shares of JPMorgan Global Select Equity ETF in the fourth quarter valued at approximately $472,000. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of JPMorgan Global Select Equity ETF by 12.0% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 41,774 shares of the company’s stock valued at $2,508,000 after buying an additional 4,461 shares in the last quarter.

JPMorgan Global Select Equity ETF Company Profile

(Get Free Report)

The JPMorgan Global Select Equity ETF Global Select Equity ETF (JGLO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation through an active management that invests in stocks of any capitalization located in both developed and emerging markets.

Featured Articles

Receive News & Ratings for JPMorgan Global Select Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Global Select Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.