JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Short Interest Down 8.6% in December

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC lifted its position in shares of JPMorgan Global Select Equity ETF by 5.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,185 shares of the company’s stock worth $325,000 after purchasing an additional 258 shares during the period. Gateway Wealth Partners LLC purchased a new stake in JPMorgan Global Select Equity ETF in the second quarter worth about $681,000. Concourse Financial Group Securities Inc. lifted its holdings in JPMorgan Global Select Equity ETF by 27.5% in the third quarter. Concourse Financial Group Securities Inc. now owns 8,795 shares of the company’s stock worth $551,000 after buying an additional 1,895 shares during the period. JPMorgan Chase & Co. boosted its position in JPMorgan Global Select Equity ETF by 4.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 45,986,514 shares of the company’s stock valued at $2,881,975,000 after acquiring an additional 2,148,215 shares in the last quarter. Finally, Daymark Wealth Partners LLC grew its holdings in shares of JPMorgan Global Select Equity ETF by 14.4% during the 3rd quarter. Daymark Wealth Partners LLC now owns 323,122 shares of the company’s stock worth $20,250,000 after acquiring an additional 40,609 shares during the period.

JPMorgan Global Select Equity ETF Stock Up 0.7 %

Shares of JPMorgan Global Select Equity ETF stock opened at $61.22 on Monday. The company’s fifty day simple moving average is $61.94 and its two-hundred day simple moving average is $61.57. JPMorgan Global Select Equity ETF has a 12-month low of $52.02 and a 12-month high of $64.10. The firm has a market cap of $6.63 billion, a PE ratio of 22.80 and a beta of 1.02.

JPMorgan Global Select Equity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a $0.3773 dividend. The ex-dividend date of this dividend was Tuesday, December 24th.

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.