JPMorgan Global Select Equity ETF (NASDAQ:JGLO – Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 5,387 shares, a drop of 91.0% from the May 14th total of 59,901 shares. Based on an average daily volume of 486,458 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in JGLO. Comerica Bank increased its holdings in shares of JPMorgan Global Select Equity ETF by 279.3% in the first quarter. Comerica Bank now owns 1,358 shares of the company’s stock worth $80,000 after purchasing an additional 1,000 shares during the period. Marshall Wace LLP bought a new position in shares of JPMorgan Global Select Equity ETF in the second quarter worth $501,000. Qube Research & Technologies Ltd bought a new position in shares of JPMorgan Global Select Equity ETF in the second quarter worth $425,000. Jane Street Group LLC increased its holdings in shares of JPMorgan Global Select Equity ETF by 335.1% in the second quarter. Jane Street Group LLC now owns 602,721 shares of the company’s stock worth $38,779,000 after purchasing an additional 464,196 shares during the period. Finally, Bank of America Corp DE bought a new position in shares of JPMorgan Global Select Equity ETF in the second quarter worth $5,328,000.
JPMorgan Global Select Equity ETF Trading Down 1.5%
Shares of JPMorgan Global Select Equity ETF stock traded down $1.06 during trading on Wednesday, hitting $68.85. The stock had a trading volume of 18,049 shares, compared to its average volume of 219,517. The firm has a market cap of $6.98 billion, a price-to-earnings ratio of 23.79 and a beta of 0.85. JPMorgan Global Select Equity ETF has a 12 month low of $61.83 and a 12 month high of $71.82. The business’s 50-day moving average is $69.54 and its 200 day moving average is $68.53.
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.
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