Farther Finance Advisors LLC Reduces Stake in JPMorgan Global Select Equity ETF $JGLO

Farther Finance Advisors LLC trimmed its stake in JPMorgan Global Select Equity ETF (NASDAQ:JGLO) by 3.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,394 shares of the company’s stock after selling 247 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan Global Select Equity ETF were worth $476,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JGLO. JPMorgan Chase & Co. raised its position in shares of JPMorgan Global Select Equity ETF by 3.6% in the first quarter. JPMorgan Chase & Co. now owns 78,186,495 shares of the company’s stock valued at $4,608,312,000 after purchasing an additional 2,709,652 shares during the period. Arlington Financial Advisors LLC bought a new stake in shares of JPMorgan Global Select Equity ETF in the first quarter valued at approximately $16,000,000. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Global Select Equity ETF by 12.5% in the first quarter. Envestnet Asset Management Inc. now owns 938,610 shares of the company’s stock valued at $55,322,000 after purchasing an additional 104,523 shares during the period. Vestmark Advisory Solutions Inc. raised its position in shares of JPMorgan Global Select Equity ETF by 15.6% in the first quarter. Vestmark Advisory Solutions Inc. now owns 713,283 shares of the company’s stock valued at $42,041,000 after purchasing an additional 96,482 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in shares of JPMorgan Global Select Equity ETF by 9.6% in the first quarter. Janney Montgomery Scott LLC now owns 965,916 shares of the company’s stock valued at $56,931,000 after purchasing an additional 84,857 shares during the period.

JPMorgan Global Select Equity ETF Stock Up 0.6%

NASDAQ JGLO opened at $67.33 on Friday. The company’s 50 day moving average is $66.37 and its 200-day moving average is $62.57. JPMorgan Global Select Equity ETF has a 12-month low of $51.78 and a 12-month high of $67.90. The firm has a market cap of $7.33 billion, a P/E ratio of 23.79 and a beta of 1.02.

About JPMorgan Global Select Equity ETF

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.