JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Short Interest Down 82.3% in July

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 5,958 shares, a decrease of 82.3% from the June 30th total of 33,706 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 120,144 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On JPMorgan Global Select Equity ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Harbor Investment Advisory LLC boosted its stake in shares of JPMorgan Global Select Equity ETF by 35.0% in the 2nd quarter. Harbor Investment Advisory LLC now owns 540 shares of the company’s stock worth $38,000 after buying an additional 140 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in JPMorgan Global Select Equity ETF by 3.0% in the first quarter. NewEdge Advisors LLC now owns 12,683 shares of the company’s stock valued at $828,000 after acquiring an additional 373 shares during the period. Gateway Wealth Partners LLC lifted its holdings in JPMorgan Global Select Equity ETF by 156.2% in the first quarter. Gateway Wealth Partners LLC now owns 13,825 shares of the company’s stock valued at $902,000 after acquiring an additional 8,428 shares during the period. Ascension Capital Advisors Inc. purchased a new position in JPMorgan Global Select Equity ETF in the first quarter worth about $349,000. Finally, Cetera Investment Advisers boosted its position in 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 during the last quarter.

JPMorgan Global Select Equity ETF Trading Up 0.3%

NASDAQ:JGLO traded up $0.21 on Friday, reaching $70.75. 1,273,582 shares of the stock traded hands, compared to its average volume of 220,946. The company has a market capitalization of $6.78 billion, a price-to-earnings ratio of 23.79 and a beta of 0.85. JPMorgan Global Select Equity ETF has a 12 month low of $63.17 and a 12 month high of $72.32. The company’s fifty day simple moving average is $70.95 and its 200 day simple moving average is $69.31.

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.