JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Sees Unusually-High Trading Volume – What’s Next?

Shares of JPMorgan Global Select Equity ETF (NASDAQ:JGLO) saw strong trading volume on Friday . 393,039 shares traded hands during trading, an increase of 113% from the previous session’s volume of 184,441 shares.The stock last traded at $66.85 and had previously closed at $67.78.

JPMorgan Global Select Equity ETF Price Performance

The stock has a market capitalization of $6.78 billion, a PE ratio of 23.79 and a beta of 0.90. The firm’s 50 day simple moving average is $68.90 and its 200 day simple moving average is $67.98.

JPMorgan Global Select Equity ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Thursday, December 18th. Investors of record on Tuesday, December 16th were given a $0.8129 dividend. This represents a yield of 121.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Trading of JPMorgan Global Select Equity ETF

Hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC grew its stake in shares of JPMorgan Global Select Equity ETF by 3,072.7% during the fourth quarter. NewEdge Advisors LLC now owns 12,310 shares of the company’s stock valued at $833,000 after buying an additional 11,922 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of JPMorgan Global Select Equity ETF by 9.7% in the 4th quarter. Cetera Investment Advisers now owns 245,392 shares of the company’s stock valued at $16,606,000 after acquiring an additional 21,650 shares during the last quarter. Equitable Holdings Inc. boosted its holdings in JPMorgan Global Select Equity ETF by 2.3% during the 4th quarter. Equitable Holdings Inc. now owns 6,767 shares of the company’s stock valued at $458,000 after acquiring an additional 153 shares during the period. Advisory Services Network LLC boosted its holdings in JPMorgan Global Select Equity ETF by 40.1% during the 4th quarter. Advisory Services Network LLC now owns 4,462 shares of the company’s stock valued at $302,000 after acquiring an additional 1,276 shares during the period. Finally, MML Investors Services LLC grew its position in JPMorgan Global Select Equity ETF by 4.3% during the 4th quarter. MML Investors Services LLC now owns 83,436 shares of the company’s stock worth $5,646,000 after acquiring an additional 3,402 shares during the last quarter.

JPMorgan Global Select Equity ETF Company Profile

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. The selection process integrates ESG factors. JGLO was launched on Sep 13, 2023 and is issued by JPMorgan Chase.