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

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 88,099 shares, a growth of 169.8% from the January 15th total of 32,659 shares. Based on an average trading volume of 246,409 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 246,409 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On JPMorgan Global Select Equity ETF

Institutional investors have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN increased its holdings in JPMorgan Global Select Equity ETF by 268.4% during the 4th quarter. Wells Fargo & Company MN now owns 2,619 shares of the company’s stock worth $177,000 after purchasing an additional 1,908 shares in the last quarter. Quadrant Capital Group LLC acquired a new position in shares of JPMorgan Global Select Equity ETF during the fourth quarter worth about $35,000. Elevation Wealth Management LLC acquired a new position in shares of JPMorgan Global Select Equity ETF during the fourth quarter worth about $844,000. Jane Street Group LLC grew its holdings in shares of JPMorgan Global Select Equity ETF by 6,481.6% during the fourth quarter. Jane Street Group LLC now owns 5,375,353 shares of the company’s stock worth $363,750,000 after buying an additional 5,293,681 shares in the last quarter. Finally, Wayfinding Financial LLC raised its position in JPMorgan Global Select Equity ETF by 1.3% in the 4th quarter. Wayfinding Financial LLC now owns 18,708 shares of the company’s stock valued at $1,265,000 after buying an additional 235 shares during the last quarter.

JPMorgan Global Select Equity ETF Trading Up 0.2%

Shares of NASDAQ:JGLO traded up $0.15 during trading on Friday, hitting $69.03. 45,042 shares of the company’s stock traded hands, compared to its average volume of 198,238. The company has a 50-day moving average price of $68.52 and a 200-day moving average price of $67.61. JPMorgan Global Select Equity ETF has a 52 week low of $51.78 and a 52 week high of $70.14. The company has a market cap of $7.00 billion, a price-to-earnings ratio of 23.79 and a beta of 0.90.

JPMorgan Global Select Equity ETF Dividend Announcement

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

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.