JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Sets New 52-Week High – Here’s What Happened

Shares of JPMorgan Global Select Equity ETF (NASDAQ:JGLO) reached a new 52-week high during trading on Thursday . The stock traded as high as $71.16 and last traded at $71.11, with a volume of 42649 shares changing hands. The stock had previously closed at $69.94.

JPMorgan Global Select Equity ETF Price Performance

The firm has a market capitalization of $7.17 billion, a P/E ratio of 23.79 and a beta of 0.87. The firm’s 50 day simple moving average is $67.61 and its two-hundred day simple moving average is $68.07.

Institutional Investors Weigh In On JPMorgan Global Select Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Harbor Investment Advisory LLC bought a new position in JPMorgan Global Select Equity ETF during the 1st quarter worth approximately $26,000. Jones Financial Companies Lllp bought a new stake in JPMorgan Global Select Equity ETF during the 3rd quarter valued at $35,000. Quadrant Capital Group LLC bought a new stake in JPMorgan Global Select Equity ETF during the 4th quarter valued at $35,000. Wilmington Savings Fund Society FSB purchased a new stake in JPMorgan Global Select Equity ETF during the 3rd quarter valued at $36,000. Finally, Root Financial Partners LLC bought a new stake in JPMorgan Global Select Equity ETF in the 1st quarter worth $60,000.

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.