JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Sees Large Decrease in Short Interest

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 9,900 shares, a decrease of 86.8% from the February 28th total of 75,200 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 202,700 shares, the short-interest ratio is presently 0.0 days.

JPMorgan Global Select Equity ETF Stock Up 0.2 %

NASDAQ JGLO traded up $0.14 on Thursday, reaching $60.01. The company had a trading volume of 23,902 shares, compared to its average volume of 181,896. The stock’s 50 day moving average is $61.31 and its 200-day moving average is $61.86. JPMorgan Global Select Equity ETF has a 52 week low of $55.04 and a 52 week high of $64.10. The stock has a market cap of $6.52 billion, a price-to-earnings ratio of 24.88 and a beta of 1.02.

Institutional Inflows and Outflows

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