JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Reaches New 12-Month High – What’s Next?

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) hit a new 52-week high on Monday . The company traded as high as $69.78 and last traded at $69.77, with a volume of 8579 shares trading hands. The stock had previously closed at $69.50.

JPMorgan Global Select Equity ETF Price Performance

The business’s 50-day moving average price is $68.50 and its 200-day moving average price is $67.61. The firm has a market capitalization of $7.07 billion, a PE ratio of 23.79 and a beta of 0.90.

JPMorgan Global Select Equity ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.8129 per share. This represents a yield of 121.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Investors Weigh In On JPMorgan Global Select Equity ETF

Hedge funds have recently made changes to their positions in the business. Comerica Bank increased its position in JPMorgan Global Select Equity ETF by 279.3% in the 1st quarter. Comerica Bank now owns 1,358 shares of the company’s stock valued at $80,000 after acquiring an additional 1,000 shares during the period. CWM LLC lifted its position in JPMorgan Global Select Equity ETF by 137.0% during the 2nd quarter. CWM LLC now owns 26,774 shares of the company’s stock worth $1,723,000 after acquiring an additional 15,479 shares during the period. Arlington Financial Advisors LLC grew its stake in shares of JPMorgan Global Select Equity ETF by 8.6% in the 2nd quarter. Arlington Financial Advisors LLC now owns 294,736 shares of the company’s stock valued at $18,963,000 after purchasing an additional 23,273 shares during the last quarter. WealthPlan Investment Management LLC acquired a new position in shares of JPMorgan Global Select Equity ETF in the second quarter valued at approximately $1,679,000. Finally, WBH Advisory Inc. acquired a new position in shares of JPMorgan Global Select Equity ETF in the second quarter valued at approximately $2,643,000.

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.