JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Sees Large Decline in Short Interest

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 13,400 shares, a decrease of 23.4% from the January 31st total of 17,500 shares. Based on an average daily trading volume, of 165,500 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On JPMorgan Global Select Equity ETF

A number of large investors have recently bought and sold shares of JGLO. Principal Securities Inc. bought a new position in JPMorgan Global Select Equity ETF during the fourth quarter valued at about $49,000. HighTower Advisors LLC bought a new position in shares of JPMorgan Global Select Equity ETF in the 4th quarter valued at approximately $205,000. Advisory Services Network LLC bought a new stake in JPMorgan Global Select Equity ETF during the fourth quarter worth approximately $213,000. Marshall Wace LLP bought a new stake in JPMorgan Global Select Equity ETF during the fourth quarter worth approximately $267,000. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of JPMorgan Global Select Equity ETF by 5.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,185 shares of the company’s stock valued at $325,000 after purchasing an additional 258 shares during the period.

JPMorgan Global Select Equity ETF Stock Performance

Shares of JGLO opened at $60.99 on Tuesday. The firm has a market cap of $6.62 billion, a PE ratio of 22.80 and a beta of 1.02. JPMorgan Global Select Equity ETF has a twelve month low of $55.04 and a twelve month high of $64.10. The firm’s 50 day moving average price is $61.43 and its 200 day moving average price is $61.99.

JPMorgan Global Select Equity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a dividend of $0.3773 per share. The ex-dividend date of this dividend was Tuesday, December 24th.

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.