JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Sees Unusually-High Trading Volume – Here’s Why

Shares of JPMorgan Global Select Equity ETF (NASDAQ:JGLO) saw strong trading volume on Tuesday . 391,258 shares were traded during trading, an increase of 64% from the previous session’s volume of 237,943 shares.The stock last traded at $68.73 and had previously closed at $68.54.

JPMorgan Global Select Equity ETF Trading Up 0.2%

The stock’s 50 day moving average price is $67.73 and its 200 day moving average price is $66.79. The company has a market capitalization of $7.24 billion, a price-to-earnings 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 paid a dividend of $0.8129 per share. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 121.0%.

Hedge Funds Weigh In On JPMorgan Global Select Equity ETF

Institutional investors have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp bought a new position in shares of JPMorgan Global Select Equity ETF in the 3rd quarter valued at about $35,000. Wilmington Savings Fund Society FSB acquired a new stake in JPMorgan Global Select Equity ETF in the 3rd quarter valued at about $36,000. Total Investment Management Inc. bought a new position in JPMorgan Global Select Equity ETF during the second quarter worth about $46,000. Tripletail Wealth Management LLC acquired a new position in JPMorgan Global Select Equity ETF during the third quarter worth approximately $51,000. Finally, National Bank of Canada FI bought a new stake in JPMorgan Global Select Equity ETF in the third quarter valued at approximately $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.