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

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $74.65 and last traded at $74.61, with a volume of 6474 shares. The stock had previously closed at $74.15.

JPMorgan Global Select Equity ETF Stock Up 0.4%

The firm has a 50 day moving average price of $71.52 and a 200 day moving average price of $69.72. The stock has a market capitalization of $6.90 billion, a PE ratio of 23.79 and a beta of 0.84.

Institutional Investors Weigh In On JPMorgan Global Select Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of JGLO. Harbor Investment Advisory LLC purchased a new position in JPMorgan Global Select Equity ETF during the 1st quarter worth $26,000. Quadrant Capital Group LLC purchased a new stake in shares of JPMorgan Global Select Equity ETF in the fourth quarter valued at about $35,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of JPMorgan Global Select Equity ETF in the third quarter valued at about $36,000. Root Financial Partners LLC bought a new position in shares of JPMorgan Global Select Equity ETF during the first quarter valued at about $60,000. Finally, National Bank of Canada FI bought a new position in shares of JPMorgan Global Select Equity ETF during the third quarter valued at about $74,000.

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.