Short Interest in JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Rises By 662.8%
by Amy Steele · The Cerbat GemJPMorgan Global Select Equity ETF (NASDAQ:JGLO – Get Free Report) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 98,552 shares, a growth of 662.8% from the March 31st total of 12,919 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 140,007 shares, the short-interest ratio is presently 0.7 days.
JPMorgan Global Select Equity ETF Stock Up 0.8%
Shares of JGLO traded up $0.55 during trading hours on Friday, hitting $70.10. 58,673 shares of the company were exchanged, compared to its average volume of 201,051. The company has a market cap of $7.10 billion, a price-to-earnings ratio of 23.79 and a beta of 0.91. JPMorgan Global Select Equity ETF has a fifty-two week low of $56.85 and a fifty-two week high of $70.59. The firm’s fifty day moving average is $67.48 and its 200 day moving average is $67.93.
Institutional Trading of JPMorgan Global Select Equity ETF
Several large investors have recently modified their holdings of JGLO. Jane Street Group LLC grew its holdings in shares of JPMorgan Global Select Equity ETF by 6,481.6% during the 4th quarter. Jane Street Group LLC now owns 5,375,353 shares of the company’s stock worth $363,750,000 after purchasing an additional 5,293,681 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of JPMorgan Global Select Equity ETF by 156.0% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 540,156 shares of the company’s stock worth $36,606,000 after purchasing an additional 329,183 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of JPMorgan Global Select Equity ETF by 1,001.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 196,189 shares of the company’s stock worth $13,296,000 after purchasing an additional 178,375 shares in the last quarter. Susquehanna International Group LLP lifted its position in shares of JPMorgan Global Select Equity ETF by 70.5% during the 3rd quarter. Susquehanna International Group LLP now owns 321,172 shares of the company’s stock worth $21,766,000 after buying an additional 132,825 shares during the last quarter. Finally, HUB Investment Partners LLC bought a new stake in shares of JPMorgan Global Select Equity ETF during the 3rd quarter worth $8,018,000.
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.