JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Short Interest Update

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient 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. Based on an average trading volume of 156,933 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

JPMorgan Global Select Equity ETF Stock Performance

JPMorgan Global Select Equity ETF stock opened at $73.29 on Thursday. JPMorgan Global Select Equity ETF has a fifty-two week low of $63.17 and a fifty-two week high of $74.89. The firm has a 50 day moving average price of $72.42 and a 200 day moving average price of $70.15. The company has a market capitalization of $6.77 billion, a PE ratio of 23.79 and a beta of 0.84.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of JGLO. Orion Capital Management LLC purchased a new stake in shares of JPMorgan Global Select Equity ETF in the 2nd quarter valued at $25,000. Harbor Investment Advisory LLC purchased a new position in JPMorgan Global Select Equity ETF during the 1st quarter valued at about $26,000. Quadrant Capital Group LLC acquired a new position in JPMorgan Global Select Equity ETF in the 4th quarter valued at about $35,000. Wilmington Savings Fund Society FSB acquired a new position in JPMorgan Global Select Equity ETF in the 3rd quarter valued at about $36,000. Finally, Root Financial Partners LLC purchased a new stake in JPMorgan Global Select Equity ETF during the first quarter worth about $60,000.

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.