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

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the target of a significant 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. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 120,144 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Harbor Investment Advisory LLC purchased a new stake in JPMorgan Global Select Equity ETF in the first quarter valued at about $26,000. Quadrant Capital Group LLC acquired a new stake in JPMorgan Global Select Equity ETF in the 4th quarter worth approximately $35,000. Wilmington Savings Fund Society FSB purchased a new stake in JPMorgan Global Select Equity ETF during the 3rd quarter worth approximately $36,000. Root Financial Partners LLC purchased a new stake in JPMorgan Global Select Equity ETF during the 1st quarter worth approximately $60,000. Finally, National Bank of Canada FI acquired a new position in JPMorgan Global Select Equity ETF during the 3rd quarter valued at approximately $74,000.

JPMorgan Global Select Equity ETF Stock Performance

NASDAQ:JGLO traded up $0.09 during midday trading on Monday, reaching $70.84. 97,935 shares of the stock traded hands, compared to its average volume of 220,073. The stock has a market capitalization of $6.79 billion, a PE 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 business has a 50-day moving average of $70.96 and a two-hundred day moving average of $69.32.

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.