JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Short Interest Down 23.4% in February

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 13,400 shares, a decline of 23.4% from the January 31st total of 17,500 shares. Based on an average daily trading volume, of 165,500 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in JPMorgan Global Select Equity ETF by 64.1% during the 4th quarter. JPMorgan Chase & Co. now owns 75,476,843 shares of the company’s stock worth $4,531,630,000 after acquiring an additional 29,490,329 shares in the last quarter. LPL Financial LLC lifted its position in shares of JPMorgan Global Select Equity ETF by 17.8% during the fourth quarter. LPL Financial LLC now owns 1,692,351 shares of the company’s stock worth $101,609,000 after purchasing an additional 256,326 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of JPMorgan Global Select Equity ETF by 7.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 881,059 shares of the company’s stock valued at $52,899,000 after purchasing an additional 62,220 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of JPMorgan Global Select Equity ETF by 7.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 834,087 shares of the company’s stock valued at $50,079,000 after purchasing an additional 56,129 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. increased its stake in JPMorgan Global Select Equity ETF by 10.0% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 616,801 shares of the company’s stock worth $37,033,000 after buying an additional 56,228 shares during the period.

JPMorgan Global Select Equity ETF Trading Down 1.2 %

NASDAQ JGLO traded down $0.71 during trading hours on Thursday, reaching $60.73. The company had a trading volume of 5,101 shares, compared to its average volume of 170,067. JPMorgan Global Select Equity ETF has a 1-year low of $55.04 and a 1-year high of $64.10. The stock has a market capitalization of $6.60 billion, a P/E ratio of 26.27 and a beta of 1.02. The stock has a 50-day moving average of $61.42 and a 200 day moving average of $61.98.

JPMorgan Global Select Equity ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a $0.3773 dividend. The ex-dividend date of this dividend was Tuesday, December 24th.

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.