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

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 17,500 shares, an increase of 18.2% from the January 15th total of 14,800 shares. Based on an average daily volume of 660,100 shares, the days-to-cover ratio is presently 0.0 days.

JPMorgan Global Select Equity ETF Price Performance

Shares of JGLO stock traded down $0.11 during trading hours on Friday, hitting $62.33. 141,349 shares of the company’s stock were exchanged, compared to its average volume of 135,432. JPMorgan Global Select Equity ETF has a 52 week low of $54.71 and a 52 week high of $64.10. The stock has a market cap of $6.77 billion, a price-to-earnings ratio of 22.80 and a beta of 1.02. The stock’s 50-day moving average is $61.52 and its 200-day moving average is $61.74.

JPMorgan Global Select Equity ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a dividend of $0.3773 per share. The ex-dividend date was Tuesday, December 24th.

Institutional Investors Weigh In On JPMorgan Global Select Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Principal Securities Inc. bought a new stake in shares of JPMorgan Global Select Equity ETF during the fourth quarter valued at approximately $49,000. HighTower Advisors LLC bought a new position in JPMorgan Global Select Equity ETF in the 4th quarter valued at $205,000. Advisory Services Network LLC acquired a new stake in shares of JPMorgan Global Select Equity ETF in the 4th quarter valued at $213,000. Marshall Wace LLP bought a new stake in shares of JPMorgan Global Select Equity ETF during the fourth quarter worth $267,000. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of JPMorgan Global Select Equity ETF by 5.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,185 shares of the company’s stock worth $325,000 after acquiring an additional 258 shares during 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.