JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Reaches New 1-Year High – Time to Buy?

Shares of JPMorgan Global Select Equity ETF (NASDAQ:JGLO) hit a new 52-week high during trading on Wednesday . The company traded as high as $72.13 and last traded at $72.13, with a volume of 481 shares traded. The stock had previously closed at $71.44.

JPMorgan Global Select Equity ETF Trading Up 0.5%

The company has a market cap of $6.97 billion, a price-to-earnings ratio of 23.79 and a beta of 0.85. The company has a fifty day moving average price of $70.88 and a two-hundred day moving average price of $69.13.

Institutional Investors Weigh In On JPMorgan Global Select Equity ETF

A number of institutional investors have recently bought and sold shares of the business. Harbor Investment Advisory LLC acquired a new position in shares of JPMorgan Global Select Equity ETF in the 1st quarter valued at $26,000. Quadrant Capital Group LLC acquired a new stake in shares of JPMorgan Global Select Equity ETF during the 4th quarter valued at about $35,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of JPMorgan Global Select Equity ETF during the 3rd quarter valued at about $36,000. Root Financial Partners LLC bought a new stake in JPMorgan Global Select Equity ETF in the first quarter valued at about $60,000. Finally, National Bank of Canada FI bought a new stake in JPMorgan Global Select Equity ETF in the third quarter valued at about $74,000.

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.