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

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 2,989 shares, a decline of 49.8% from the July 15th total of 5,958 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 502,936 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of JPMorgan Global Select Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Harbor Investment Advisory LLC purchased a new position in shares of JPMorgan Global Select Equity ETF during the first quarter worth about $26,000. Quadrant Capital Group LLC bought a new position in shares of JPMorgan Global Select Equity ETF in the 4th quarter worth $35,000. Wilmington Savings Fund Society FSB bought a new position in shares of JPMorgan Global Select Equity ETF in the 3rd quarter worth $36,000. Root Financial Partners LLC purchased a new stake in shares of JPMorgan Global Select Equity ETF during the 1st quarter valued at $60,000. Finally, National Bank of Canada FI bought a new position in JPMorgan Global Select Equity ETF in the third quarter valued at $74,000.

JPMorgan Global Select Equity ETF Stock Down 0.3%

NASDAQ:JGLO traded down $0.19 during trading hours on Friday, hitting $74.52. 60,302 shares of the company’s stock traded hands, compared to its average volume of 220,122. The firm has a market cap of $6.88 billion, a P/E ratio of 23.79 and a beta of 0.84. JPMorgan Global Select Equity ETF has a 52 week low of $63.17 and a 52 week high of $74.89. The business’s fifty day simple moving average is $71.61 and its two-hundred day simple moving average is $69.76.

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