Short Interest in JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Decreases By 86.8%

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 9,900 shares, a decline of 86.8% from the February 28th total of 75,200 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 202,700 shares, the short-interest ratio is currently 0.0 days.

JPMorgan Global Select Equity ETF Stock Down 1.0 %

JPMorgan Global Select Equity ETF stock traded down $0.63 during mid-day trading on Wednesday, hitting $59.87. 49,575 shares of the company’s stock were exchanged, compared to its average volume of 184,675. The company’s 50 day simple moving average is $61.31 and its 200-day simple moving average is $61.86. The firm has a market capitalization of $6.50 billion, a P/E ratio of 24.88 and a beta of 1.02. JPMorgan Global Select Equity ETF has a fifty-two week low of $55.04 and a fifty-two week high of $64.10.

Institutional Investors Weigh In On JPMorgan Global Select Equity ETF

Hedge funds have recently modified their holdings of the business. CreativeOne Wealth LLC lifted its stake in 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 valued at $3,027,000 after buying an additional 9,768 shares in the last quarter. MML Investors Services LLC boosted its stake in JPMorgan Global Select Equity ETF by 10.4% in the 3rd quarter. MML Investors Services LLC now owns 81,624 shares of the company’s stock worth $5,115,000 after purchasing an additional 7,701 shares during the period. 3Chopt Investment Partners LLC increased its holdings in JPMorgan Global Select Equity ETF by 12.5% during the 3rd quarter. 3Chopt Investment Partners LLC now owns 26,207 shares of the company’s stock worth $1,642,000 after purchasing an additional 2,913 shares in the last quarter. World Investment Advisors LLC acquired a new stake in shares of JPMorgan Global Select Equity ETF in the 3rd quarter valued at about $5,940,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Global Select Equity ETF by 4.9% in the third quarter. JPMorgan Chase & Co. now owns 45,986,514 shares of the company’s stock valued at $2,881,975,000 after purchasing an additional 2,148,215 shares in the last quarter.

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.