JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Short Interest Up 691.9% in November

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 360,300 shares, a growth of 691.9% from the October 31st total of 45,500 shares. Based on an average daily trading volume, of 877,500 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On JPMorgan Global Select Equity ETF

Large investors have recently modified their holdings of the stock. LPL Financial LLC lifted its stake in JPMorgan Global Select Equity ETF by 59.0% in the second quarter. LPL Financial LLC now owns 1,366,291 shares of the company’s stock valued at $82,524,000 after purchasing an additional 507,256 shares during the last quarter. Janney Montgomery Scott LLC increased its position in JPMorgan Global Select Equity ETF by 11.9% in the third quarter. Janney Montgomery Scott LLC now owns 818,839 shares of the company’s stock worth $51,317,000 after buying an additional 87,330 shares during the last quarter. Prudential PLC bought a new stake in shares of JPMorgan Global Select Equity ETF in the second quarter valued at $48,199,000. Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Global Select Equity ETF by 114.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 700,226 shares of the company’s stock valued at $42,294,000 after buying an additional 374,299 shares during the last quarter. Finally, Daymark Wealth Partners LLC grew its stake 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 Performance

JGLO stock traded up $0.42 during mid-day trading on Friday, hitting $63.56. The company had a trading volume of 44,463 shares, compared to its average volume of 459,638. The firm has a market cap of $5.03 billion, a PE ratio of 22.80 and a beta of 1.02. JPMorgan Global Select Equity ETF has a 12 month low of $49.93 and a 12 month high of $63.91. The stock’s fifty day moving average price is $62.71 and its two-hundred day moving average price is $61.01.

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.