JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Reaches New 1-Year High – Here’s What Happened

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) reached a new 52-week high on Tuesday . The company traded as high as $75.50 and last traded at $75.50, with a volume of 2581 shares traded. The stock had previously closed at $74.29.

JPMorgan Global Select Equity ETF Price Performance

The company has a fifty day moving average of $71.70 and a 200-day moving average of $69.79. The firm has a market capitalization of $6.81 billion, a PE ratio of 23.79 and a beta of 0.84.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of JGLO. Harbor Investment Advisory LLC purchased a new stake in shares of JPMorgan Global Select Equity ETF during the 1st quarter worth about $26,000. Quadrant Capital Group LLC bought a new stake in shares of JPMorgan Global Select Equity ETF in the 4th quarter valued at approximately $35,000. Wilmington Savings Fund Society FSB acquired a new position in JPMorgan Global Select Equity ETF in the third quarter worth approximately $36,000. Root Financial Partners LLC acquired a new position in JPMorgan Global Select Equity ETF in the first quarter worth approximately $60,000. Finally, National Bank of Canada FI bought a new position in JPMorgan Global Select Equity ETF during the third quarter valued at approximately $74,000.

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.