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

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the target of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 57,700 shares, a drop of 84.0% from the November 15th total of 360,300 shares. Based on an average daily volume of 892,000 shares, the short-interest ratio is currently 0.1 days.

JPMorgan Global Select Equity ETF Stock Up 0.4 %

Shares of JPMorgan Global Select Equity ETF stock traded up $0.27 during trading hours on Wednesday, reaching $63.72. 79,686 shares of the stock traded hands, compared to its average volume of 451,480. The company has a 50 day moving average price of $62.93 and a 200 day moving average price of $61.34. JPMorgan Global Select Equity ETF has a one year low of $50.96 and a one year high of $64.10. The firm has a market capitalization of $5.04 billion, a price-to-earnings ratio of 22.80 and a beta of 1.02.

Institutional Trading of JPMorgan Global Select Equity ETF

Several large investors have recently added to or reduced their stakes in JGLO. World Investment Advisors LLC bought a new stake in shares of JPMorgan Global Select Equity ETF during the 3rd quarter valued at $5,940,000. 3Chopt Investment Partners LLC grew its holdings in JPMorgan Global Select Equity ETF by 12.5% during the third quarter. 3Chopt Investment Partners LLC now owns 26,207 shares of the company’s stock valued at $1,642,000 after purchasing an additional 2,913 shares during the period. MML Investors Services LLC increased its position in JPMorgan Global Select Equity ETF by 10.4% in the third quarter. MML Investors Services LLC now owns 81,624 shares of the company’s stock worth $5,115,000 after buying an additional 7,701 shares in the last quarter. CreativeOne Wealth LLC raised its stake in shares of JPMorgan Global Select Equity ETF by 25.3% in the third quarter. CreativeOne Wealth LLC now owns 48,307 shares of the company’s stock worth $3,027,000 after buying an additional 9,768 shares during the period. Finally, Nwam LLC bought a new position in shares of JPMorgan Global Select Equity ETF in the third quarter worth about $479,000.

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.