JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Sees Significant Decrease in Short Interest

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) saw a large decrease in short interest in March. As of March 31st, there was short interest totaling 12,919 shares, a decrease of 66.0% from the March 15th total of 38,000 shares. Based on an average trading volume of 251,676 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of JPMorgan Global Select Equity ETF

A number of institutional investors have recently modified their holdings of the company. Equitable Holdings Inc. boosted its holdings in shares of JPMorgan Global Select Equity ETF by 2.3% in the 4th quarter. Equitable Holdings Inc. now owns 6,767 shares of the company’s stock valued at $458,000 after buying an additional 153 shares in the last quarter. Lake Street Private Wealth LLC boosted its holdings in shares of JPMorgan Global Select Equity ETF by 1.3% in the 4th quarter. Lake Street Private Wealth LLC now owns 12,676 shares of the company’s stock valued at $858,000 after buying an additional 163 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of JPMorgan Global Select Equity ETF by 3.9% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 5,302 shares of the company’s stock valued at $359,000 after buying an additional 198 shares in the last quarter. 3Chopt Investment Partners LLC boosted its holdings in shares of JPMorgan Global Select Equity ETF by 2.6% in the 4th quarter. 3Chopt Investment Partners LLC now owns 8,094 shares of the company’s stock valued at $548,000 after buying an additional 205 shares in the last quarter. Finally, Echo Wealth Management LLC boosted its holdings in shares of JPMorgan Global Select Equity ETF by 6.9% in the 3rd quarter. Echo Wealth Management LLC now owns 3,477 shares of the company’s stock valued at $236,000 after buying an additional 225 shares in the last quarter.

JPMorgan Global Select Equity ETF Price Performance

Shares of JPMorgan Global Select Equity ETF stock opened at $67.95 on Friday. JPMorgan Global Select Equity ETF has a 1 year low of $54.02 and a 1 year high of $70.14. The stock has a market cap of $6.88 billion, a price-to-earnings ratio of 23.79 and a beta of 0.91. The firm’s 50-day moving average is $67.40 and its two-hundred day moving average is $67.81.

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.