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

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 82,548 shares, an increase of 1,644.8% from the August 15th total of 4,731 shares. Based on an average daily trading volume, of 185,069 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On JPMorgan Global Select Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Orion Capital Management LLC bought a new position in JPMorgan Global Select Equity ETF during 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 worth $26,000. Quadrant Capital Group LLC bought a new stake in shares of JPMorgan Global Select Equity ETF in the 4th quarter worth $35,000. Wilmington Savings Fund Society FSB bought a new stake in shares of JPMorgan Global Select Equity ETF in the 3rd quarter worth $36,000. Finally, Capital Analysts LLC raised its holdings in shares of JPMorgan Global Select Equity ETF by 99.3% in the second quarter. Capital Analysts LLC now owns 811 shares of the company’s stock valued at $58,000 after purchasing an additional 404 shares during the last quarter.

JPMorgan Global Select Equity ETF Stock Performance

Shares of JPMorgan Global Select Equity ETF stock traded down $0.61 on Thursday, hitting $72.11. The company had a trading volume of 49,293 shares, compared to its average volume of 216,089. JPMorgan Global Select Equity ETF has a 1 year low of $63.17 and a 1 year high of $74.89. The stock has a 50 day moving average of $72.74 and a 200-day moving average of $70.32. The stock has a market capitalization of $6.66 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.