MLG Wealth Management DBA Pine Grove Financial Group Sells 70,637 Shares of JPMorgan Global Select Equity ETF $JGLO

MLG Wealth Management DBA Pine Grove Financial Group trimmed its stake in shares of JPMorgan Global Select Equity ETF (NASDAQ:JGLO) by 43.7% in the 2nd quarter, Holdings Channel reports. The firm owned 91,153 shares of the company’s stock after selling 70,637 shares during the period. MLG Wealth Management DBA Pine Grove Financial Group’s holdings in JPMorgan Global Select Equity ETF were worth $6,507,000 as of its most recent filing with the Securities & Exchange Commission.

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

JPMorgan Global Select Equity ETF Stock Performance

JPMorgan Global Select Equity ETF stock opened at $73.88 on Tuesday. The stock has a market cap of $6.82 billion, a PE ratio of 23.79 and a beta of 0.84. JPMorgan Global Select Equity ETF has a one year low of $63.17 and a one year high of $74.89. The stock has a fifty day moving average of $72.65 and a 200 day moving average of $70.25.

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.