JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Sees Large Decrease in Short Interest

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 40,300 shares, a decline 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 presently 0.1 days.

Institutional Trading of JPMorgan Global Select Equity ETF

Several institutional investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its position in shares of JPMorgan Global Select Equity ETF by 5.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,185 shares of the company’s stock valued at $325,000 after buying an additional 258 shares during the period. Lockerman Financial Group Inc. raised its position in JPMorgan Global Select Equity ETF by 1.9% in the fourth quarter. Lockerman Financial Group Inc. now owns 16,226 shares of the company’s stock valued at $974,000 after purchasing an additional 297 shares during the period. Lake Street Private Wealth LLC raised its position in JPMorgan Global Select Equity ETF by 3.7% in the third quarter. Lake Street Private Wealth LLC now owns 15,345 shares of the company’s stock valued at $962,000 after purchasing an additional 542 shares during the period. Concourse Financial Group Securities Inc. raised its position 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 valued at $551,000 after purchasing an additional 1,895 shares during the period. Finally, 3Chopt Investment Partners LLC raised its position in JPMorgan Global Select Equity ETF by 12.5% in the third quarter. 3Chopt Investment Partners LLC now owns 26,207 shares of the company’s stock valued at $1,642,000 after purchasing an additional 2,913 shares during the period.

JPMorgan Global Select Equity ETF Stock Performance

JGLO stock opened at $61.22 on Friday. The firm has a market cap of $6.63 billion, a PE ratio of 22.80 and a beta of 1.02. The firm’s 50 day moving average price is $61.99 and its 200-day moving average price is $61.55. JPMorgan Global Select Equity ETF has a one year low of $52.02 and a one year high of $64.10.

JPMorgan Global Select Equity ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders 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.

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.