JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Sees Strong Trading Volume – Still a Buy?

Shares of JPMorgan Global Select Equity ETF (NASDAQ:JGLO) saw an uptick in trading volume on Thursday . 3,843,314 shares were traded during trading, an increase of 788% from the previous session’s volume of 432,677 shares.The stock last traded at $62.98 and had previously closed at $62.83.

JPMorgan Global Select Equity ETF Trading Up 0.2 %

The firm has a 50 day moving average of $62.29 and a 200-day moving average of $60.59. The company has a market cap of $4.98 billion, a P/E ratio of 22.80 and a beta of 1.02.

Institutional Trading of JPMorgan Global Select Equity ETF

A number of large investors have recently added to or reduced their stakes in the company. CreativeOne Wealth LLC increased its stake in JPMorgan Global Select Equity ETF by 25.3% in the 3rd quarter. CreativeOne Wealth LLC now owns 48,307 shares of the company’s stock worth $3,027,000 after acquiring an additional 9,768 shares during the last quarter. Nwam LLC bought a new stake in shares of JPMorgan Global Select Equity ETF in the 3rd quarter valued at approximately $479,000. Janney Montgomery Scott LLC boosted its holdings in shares of JPMorgan Global Select Equity ETF by 11.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 818,839 shares of the company’s stock worth $51,317,000 after purchasing an additional 87,330 shares during the period. Farther Finance Advisors LLC raised its holdings in JPMorgan Global Select Equity ETF by 56.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,429 shares of the company’s stock valued at $654,000 after buying an additional 3,746 shares during the period. Finally, Lake Street Private Wealth LLC raised its holdings in JPMorgan Global Select Equity ETF by 3.7% during the 3rd quarter. Lake Street Private Wealth LLC now owns 15,345 shares of the company’s stock valued at $962,000 after buying an additional 542 shares during the period.

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.