JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Sets New 1-Year High – Here’s Why

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) reached a new 52-week high during trading on Monday . The stock traded as high as $69.39 and last traded at $69.39, with a volume of 13226 shares trading hands. The stock had previously closed at $69.00.

JPMorgan Global Select Equity ETF Trading Up 0.5%

The firm’s 50 day moving average price is $67.92 and its two-hundred day moving average price is $67.26. The company has a market capitalization of $6.95 billion, a P/E ratio of 23.79 and a beta of 0.90.

JPMorgan Global Select Equity ETF Announces Dividend

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

Institutional Trading of JPMorgan Global Select Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jones Financial Companies Lllp bought a new stake in JPMorgan Global Select Equity ETF during the third quarter worth $35,000. Wilmington Savings Fund Society FSB bought a new position in shares of JPMorgan Global Select Equity ETF in the 3rd quarter valued at about $36,000. Total Investment Management Inc. acquired a new position in shares of JPMorgan Global Select Equity ETF during the 2nd quarter worth about $46,000. Tripletail Wealth Management LLC bought a new stake in JPMorgan Global Select Equity ETF in the third quarter valued at approximately $51,000. Finally, National Bank of Canada FI bought a new stake in JPMorgan Global Select Equity ETF in the 3rd quarter valued at $74,000.

JPMorgan Global Select Equity ETF Company Profile

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.