JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Short Interest Update

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 75,200 shares, a growth of 461.2% from the February 13th total of 13,400 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 184,600 shares, the days-to-cover ratio is presently 0.4 days.

JPMorgan Global Select Equity ETF Trading Up 1.5 %

Shares of JGLO traded up $0.88 during trading hours on Friday, reaching $59.80. 37,754 shares of the company traded hands, compared to its average volume of 186,834. JPMorgan Global Select Equity ETF has a 12-month low of $55.04 and a 12-month high of $64.10. The stock’s fifty day moving average price is $61.35 and its 200 day moving average price is $61.91. The firm has a market cap of $6.49 billion, a price-to-earnings ratio of 26.27 and a beta of 1.02.

JPMorgan Global Select Equity ETF Cuts Dividend

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

Hedge Funds Weigh In On JPMorgan Global Select Equity ETF

A number of large investors have recently made changes to their positions in JGLO. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Global Select Equity ETF by 64.1% during the 4th quarter. JPMorgan Chase & Co. now owns 75,476,843 shares of the company’s stock valued at $4,531,630,000 after buying an additional 29,490,329 shares during the last quarter. LPL Financial LLC grew its stake in JPMorgan Global Select Equity ETF by 17.8% in the 4th quarter. LPL Financial LLC now owns 1,692,351 shares of the company’s stock valued at $101,609,000 after acquiring an additional 256,326 shares during the period. World Investment Advisors LLC purchased a new position in JPMorgan Global Select Equity ETF during the third quarter valued at $5,940,000. Janney Montgomery Scott LLC grew its position in shares of JPMorgan Global Select Equity ETF by 7.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 881,059 shares of the company’s stock valued at $52,899,000 after purchasing an additional 62,220 shares during the period. Finally, Vestmark Advisory Solutions Inc. increased its stake in shares of JPMorgan Global Select Equity ETF by 10.0% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 616,801 shares of the company’s stock worth $37,033,000 after purchasing an additional 56,228 shares in the last quarter.

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.