Short Interest in JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Rises By 58.3%

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 4,731 shares, an increase of 58.3% from the July 30th total of 2,989 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 156,933 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On JPMorgan Global Select Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vestmark Advisory Solutions Inc. raised its stake in JPMorgan Global Select Equity ETF by 10.7% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 665,286 shares of the company’s stock worth $45,020,000 after purchasing an additional 64,092 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in JPMorgan Global Select Equity ETF by 8.2% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 584,303 shares of the company’s stock valued at $39,762,000 after purchasing an additional 44,147 shares during the period. WealthPlan Investment Management LLC boosted its holdings in JPMorgan Global Select Equity ETF by 36.9% in the 4th quarter. WealthPlan Investment Management LLC now owns 172,944 shares of the company’s stock valued at $11,703,000 after purchasing an additional 46,658 shares during the period. Unique Wealth LLC acquired a new position in shares of JPMorgan Global Select Equity ETF during the 1st quarter worth approximately $1,049,000. Finally, WealthPLAN Partners LLC grew its position in shares of JPMorgan Global Select Equity ETF by 359.9% during the 1st quarter. WealthPLAN Partners LLC now owns 31,746 shares of the company’s stock worth $2,072,000 after purchasing an additional 24,843 shares in the last quarter.

JPMorgan Global Select Equity ETF Price Performance

JGLO opened at $72.90 on Wednesday. The business has a fifty day simple moving average of $72.35 and a 200 day simple moving average of $70.12. The company has a market capitalization of $6.73 billion, a PE ratio of 23.79 and a beta of 0.84. JPMorgan Global Select Equity ETF has a 1 year low of $63.17 and a 1 year 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.