JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Shares Shorted: Short Interest Down 84.0% in October

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 7,762 shares, a decline of 84.0% from the September 30th total of 48,365 shares. Based on an average trading volume of 202,272 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On JPMorgan Global Select Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hopwood Nicholas Hunter purchased a new position in JPMorgan Global Select Equity ETF during the second quarter valued at approximately $2,073,000. WealthPLAN Partners LLC boosted its position in shares of JPMorgan Global Select Equity ETF by 359.9% in the first 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 during the period. Ameritas Advisory Services LLC increased its stake in shares of JPMorgan Global Select Equity ETF by 254.7% in the second quarter. Ameritas Advisory Services LLC now owns 232,001 shares of the company’s stock worth $16,523,000 after purchasing an additional 166,591 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of JPMorgan Global Select Equity ETF by 12.0% in the first quarter. Cetera Investment Advisers now owns 274,866 shares of the company’s stock worth $17,940,000 after purchasing an additional 29,474 shares in the last quarter. Finally, Ascentis Independent Advisors purchased a new stake in shares of JPMorgan Global Select Equity ETF in the first quarter worth $540,000.

JPMorgan Global Select Equity ETF Trading Up 0.2%

NASDAQ JGLO traded up $0.11 on Wednesday, hitting $71.84. 34,609 shares of the company traded hands, compared to its average volume of 207,810. The business’s 50 day moving average price is $72.76 and its 200-day moving average price is $70.51. JPMorgan Global Select Equity ETF has a 52-week low of $63.17 and a 52-week high of $74.89. The company has a market capitalization of $6.28 billion, a price-to-earnings ratio of 23.79 and a beta of 0.84.

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.