JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Shares Shorted: Short Interest Down 53.3% in September

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 38,573 shares, a drop of 53.3% from the August 31st total of 82,548 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 135,363 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Unique Wealth LLC purchased a new position in JPMorgan Global Select Equity ETF during the first quarter valued at approximately $1,049,000. WealthPLAN Partners LLC boosted its holdings in JPMorgan Global Select Equity ETF by 359.9% in the 1st quarter. WealthPLAN Partners LLC now owns 31,746 shares of the company’s stock valued at $2,072,000 after purchasing an additional 24,843 shares during the period. Hopwood Nicholas Hunter purchased a new position in shares of JPMorgan Global Select Equity ETF during the 2nd quarter valued at $2,073,000. Cetera Investment Advisers grew its position in shares of JPMorgan Global Select Equity ETF by 12.0% during the 1st quarter. Cetera Investment Advisers now owns 274,866 shares of the company’s stock valued at $17,940,000 after purchasing an additional 29,474 shares in the last quarter. Finally, Ascentis Independent Advisors bought a new position in shares of JPMorgan Global Select Equity ETF in the first quarter worth $540,000.

JPMorgan Global Select Equity ETF Trading Down 0.1%

Shares of NASDAQ:JGLO traded down $0.10 during midday trading on Wednesday, reaching $72.50. The company had a trading volume of 1,287,499 shares, compared to its average volume of 205,908. The stock has a market cap of $6.42 billion, a P/E ratio of 23.79 and a beta of 0.84. The company’s 50 day moving average price is $72.97 and its 200 day moving average price is $70.69. JPMorgan Global Select Equity ETF has a 52-week low of $63.17 and a 52-week high of $74.89.

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.