Short Interest in JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Decreases By 42.3%

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 56,848 shares, a decline of 42.3% from the April 15th total of 98,552 shares. Based on an average trading volume of 361,055 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On JPMorgan Global Select Equity ETF

Several large investors have recently modified their holdings of the stock. Jane Street Group LLC grew its stake in shares of JPMorgan Global Select Equity ETF by 6,481.6% in the 4th quarter. Jane Street Group LLC now owns 5,375,353 shares of the company’s stock valued at $363,750,000 after purchasing an additional 5,293,681 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of JPMorgan Global Select Equity ETF by 7.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 852,864 shares of the company’s stock valued at $55,666,000 after purchasing an additional 57,207 shares during the period. Vestmark Advisory Solutions Inc. grew its stake in shares of JPMorgan Global Select Equity ETF by 10.7% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 665,286 shares of the company’s stock valued at $45,020,000 after purchasing an additional 64,092 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of JPMorgan Global Select Equity ETF by 8.2% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 584,303 shares of the company’s stock valued at $39,762,000 after purchasing an additional 44,147 shares during the period. Finally, Susquehanna International Group LLP grew its stake in shares of JPMorgan Global Select Equity ETF by 70.5% in the 3rd quarter. Susquehanna International Group LLP now owns 321,172 shares of the company’s stock valued at $21,766,000 after purchasing an additional 132,825 shares during the period.

JPMorgan Global Select Equity ETF Trading Up 0.2%

JGLO stock opened at $70.64 on Tuesday. JPMorgan Global Select Equity ETF has a 1-year low of $60.23 and a 1-year high of $71.62. The firm has a market cap of $7.16 billion, a P/E ratio of 23.79 and a beta of 0.87. The business’s 50 day moving average is $67.90 and its 200-day moving average is $68.18.

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. The selection process integrates ESG factors. JGLO was launched on Sep 13, 2023 and is issued by JPMorgan Chase.