Short Interest in JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Declines By 66.0%

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 12,919 shares, a decline of 66.0% from the March 15th total of 38,000 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 251,676 shares, the days-to-cover ratio is presently 0.1 days.

JPMorgan Global Select Equity ETF Trading Down 0.0%

NASDAQ JGLO traded down $0.01 during trading hours on Friday, reaching $67.95. The company had a trading volume of 106,163 shares, compared to its average volume of 202,245. The stock has a 50-day moving average of $67.40 and a 200 day moving average of $67.81. JPMorgan Global Select Equity ETF has a 1-year low of $54.02 and a 1-year high of $70.14. The stock has a market capitalization of $6.88 billion, a P/E ratio of 23.79 and a beta of 0.91.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. lifted its position in JPMorgan Global Select Equity ETF by 1,361.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,228 shares of the company’s stock valued at $83,000 after buying an additional 1,144 shares during the last quarter. NewEdge Advisors LLC lifted its position in JPMorgan Global Select Equity ETF by 3,072.7% in the fourth quarter. NewEdge Advisors LLC now owns 12,310 shares of the company’s stock valued at $833,000 after buying an additional 11,922 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of JPMorgan Global Select Equity ETF by 9.7% in the fourth quarter. Cetera Investment Advisers now owns 245,392 shares of the company’s stock valued at $16,606,000 after buying an additional 21,650 shares in the last quarter. Equitable Holdings Inc. grew its stake in shares of JPMorgan Global Select Equity ETF by 2.3% in the fourth quarter. Equitable Holdings Inc. now owns 6,767 shares of the company’s stock valued at $458,000 after buying an additional 153 shares in the last quarter. Finally, Advisory Services Network LLC grew its stake in shares of JPMorgan Global Select Equity ETF by 40.1% in the fourth quarter. Advisory Services Network LLC now owns 4,462 shares of the company’s stock valued at $302,000 after buying an additional 1,276 shares in the last quarter.

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.