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

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 9,000 shares, an increase of 188.0% from the November 30th total of 3,125 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 186,944 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 186,944 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

JPMorgan Global Select Equity ETF Trading Up 0.0%

JGLO stock traded up $0.01 during midday trading on Friday, hitting $68.20. The stock had a trading volume of 44,791 shares, compared to its average volume of 257,625. The firm has a market capitalization of $7.32 billion, a price-to-earnings ratio of 23.79 and a beta of 0.90. The stock has a 50-day simple moving average of $67.77 and a 200 day simple moving average of $66.47. JPMorgan Global Select Equity ETF has a 52 week low of $51.78 and a 52 week high of $69.39.

JPMorgan Global Select Equity ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Thursday, December 18th. Stockholders of record on Tuesday, December 16th were given a dividend of $0.8129 per share. This represents a dividend yield of 121.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HighTower Advisors LLC grew its stake in shares of JPMorgan Global Select Equity ETF by 11.2% in the 1st quarter. HighTower Advisors LLC now owns 3,804 shares of the company’s stock valued at $224,000 after purchasing an additional 382 shares during the period. Raymond James Financial Inc. acquired a new stake in JPMorgan Global Select Equity ETF in the 1st quarter valued at $3,074,000. Comerica Bank boosted its stake in JPMorgan Global Select Equity ETF by 279.3% in the 1st quarter. Comerica Bank now owns 1,358 shares of the company’s stock valued at $80,000 after buying an additional 1,000 shares in the last quarter. CreativeOne Wealth LLC grew its position in JPMorgan Global Select Equity ETF by 0.7% in the first quarter. CreativeOne Wealth LLC now owns 48,802 shares of the company’s stock valued at $2,876,000 after acquiring an additional 351 shares during the period. Finally, Blue Oak Capital LLC raised its stake in JPMorgan Global Select Equity ETF by 2.7% during the first quarter. Blue Oak Capital LLC now owns 52,000 shares of the company’s stock worth $3,065,000 after acquiring an additional 1,367 shares in 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. The selection process integrates ESG factors. JGLO was launched on Sep 13, 2023 and is issued by JPMorgan Chase.