Short Interest in JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Grows By 461.2%

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 75,200 shares, an increase of 461.2% from the February 13th total of 13,400 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 184,600 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Cetera Investment Advisers boosted its holdings in JPMorgan Global Select Equity ETF by 20.7% during the fourth quarter. Cetera Investment Advisers now owns 155,647 shares of the company’s stock worth $9,345,000 after buying an additional 26,658 shares in the last quarter. Bank of America Corp DE purchased a new position in JPMorgan Global Select Equity ETF in the 4th quarter valued at approximately $982,000. Jane Street Group LLC increased its position in shares of JPMorgan Global Select Equity ETF by 15.8% in the fourth quarter. Jane Street Group LLC now owns 391,542 shares of the company’s stock valued at $23,508,000 after buying an additional 53,477 shares in the last quarter. Susquehanna International Group LLP lifted its holdings in shares of JPMorgan Global Select Equity ETF by 69.3% in the fourth quarter. Susquehanna International Group LLP now owns 30,656 shares of the company’s stock valued at $1,841,000 after purchasing an additional 12,552 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in JPMorgan Global Select Equity ETF by 6.6% in the 4th quarter. MML Investors Services LLC now owns 87,004 shares of the company’s stock worth $5,224,000 after buying an additional 5,380 shares during the last quarter.

JPMorgan Global Select Equity ETF Stock Up 1.5 %

NASDAQ JGLO traded up $0.88 on Friday, hitting $59.80. 37,754 shares of the stock were exchanged, compared to its average volume of 186,834. JPMorgan Global Select Equity ETF has a fifty-two week low of $55.04 and a fifty-two week high of $64.10. The company has a 50-day moving average price of $61.35 and a 200-day moving average price of $61.91. The company has a market cap of $6.49 billion, a PE ratio of 26.27 and a beta of 1.02.

JPMorgan Global Select Equity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a $0.3773 dividend. The ex-dividend date was Tuesday, December 24th.

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.