JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Short Interest Down 86.8% in March

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 9,900 shares, a drop of 86.8% from the February 28th total of 75,200 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 202,700 shares, the days-to-cover ratio is presently 0.0 days.

JPMorgan Global Select Equity ETF Stock Down 1.0 %

NASDAQ:JGLO traded down $0.63 during mid-day trading on Wednesday, hitting $59.87. 49,575 shares of the stock traded hands, compared to its average volume of 184,675. JPMorgan Global Select Equity ETF has a 12-month low of $55.04 and a 12-month high of $64.10. The company has a market cap of $6.50 billion, a PE ratio of 24.88 and a beta of 1.02. The business’s 50-day moving average price is $61.31 and its 200 day moving average price is $61.86.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Principal Securities Inc. purchased a new stake in JPMorgan Global Select Equity ETF in the fourth quarter valued at approximately $49,000. Mascagni Wealth Management Inc. purchased a new position in shares of JPMorgan Global Select Equity ETF during the 4th quarter worth approximately $70,000. HighTower Advisors LLC bought a new position in JPMorgan Global Select Equity ETF in the fourth quarter worth $205,000. Advisory Services Network LLC bought a new position in shares of JPMorgan Global Select Equity ETF in the 4th quarter worth about $213,000. Finally, Marshall Wace LLP purchased a new position in shares of JPMorgan Global Select Equity ETF during the fourth quarter valued at approximately $267,000.

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.