Short Interest in JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Decreases By 82.3%

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

Hedge Funds Weigh In On JPMorgan Global Select Equity ETF

A number of hedge funds have recently made changes to their positions in the stock. Harbor Investment Advisory LLC purchased a new stake 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. Root Financial Partners LLC purchased a new position in shares of JPMorgan Global Select Equity ETF in the 1st quarter worth $60,000. Finally, National Bank of Canada FI acquired a new position in JPMorgan Global Select Equity ETF in the third quarter valued at $74,000.

JPMorgan Global Select Equity ETF Stock Performance

JPMorgan Global Select Equity ETF stock traded up $0.21 during trading on Friday, reaching $70.75. The company had a trading volume of 1,273,582 shares, compared to its average volume of 220,946. JPMorgan Global Select Equity ETF has a 12-month low of $63.17 and a 12-month high of $72.32. The stock’s 50 day moving average price is $70.95 and its two-hundred day moving average price is $69.30. The firm 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 Company Profile

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.