JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Sees Large Decrease in Short Interest

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 40,300 shares, a decline of 8.6% from the December 15th total of 44,100 shares. Based on an average daily volume of 685,400 shares, the days-to-cover ratio is presently 0.1 days.

JPMorgan Global Select Equity ETF Stock Up 0.7 %

Shares of NASDAQ JGLO opened at $61.22 on Friday. The firm has a market cap of $6.63 billion, a price-to-earnings ratio of 22.80 and a beta of 1.02. JPMorgan Global Select Equity ETF has a 52-week low of $52.02 and a 52-week high of $64.10. The business’s 50 day moving average is $61.99 and its two-hundred day moving average is $61.55.

JPMorgan Global Select Equity ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.3773 per share. The ex-dividend date was Tuesday, December 24th.

Institutional Trading of JPMorgan Global Select Equity ETF

A number of large investors have recently modified their holdings of JGLO. JPMorgan Chase & Co. increased its position in shares of JPMorgan Global Select Equity ETF by 4.9% during the third quarter. JPMorgan Chase & Co. now owns 45,986,514 shares of the company’s stock worth $2,881,975,000 after acquiring an additional 2,148,215 shares during the period. Envestnet Asset Management Inc. increased its position in shares of JPMorgan Global Select Equity ETF by 114.8% during the second quarter. Envestnet Asset Management Inc. now owns 700,226 shares of the company’s stock worth $42,294,000 after acquiring an additional 374,299 shares during the period. Daymark Wealth Partners LLC grew its stake in shares of JPMorgan Global Select Equity ETF by 156.6% during the second quarter. Daymark Wealth Partners LLC now owns 282,513 shares of the company’s stock worth $17,064,000 after purchasing an additional 172,426 shares in the last quarter. Cetera Investment Advisers acquired a new position in shares of JPMorgan Global Select Equity ETF during the second quarter worth $6,873,000. Finally, Park Avenue Securities LLC acquired a new position in shares of JPMorgan Global Select Equity ETF during the third quarter worth $6,500,000.

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.