49,123 Shares in JPMorgan Global Select Equity ETF $JGLO Bought by Econ Financial Services Corp

Econ Financial Services Corp bought a new position in JPMorgan Global Select Equity ETF (NASDAQ:JGLO) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 49,123 shares of the company’s stock, valued at approximately $3,324,000. JPMorgan Global Select Equity ETF makes up 1.7% of Econ Financial Services Corp’s investment portfolio, making the stock its 23rd largest holding.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp bought a new position in shares of JPMorgan Global Select Equity ETF during the third quarter worth about $35,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of JPMorgan Global Select Equity ETF in the 3rd quarter worth about $36,000. Total Investment Management Inc. bought a new stake in JPMorgan Global Select Equity ETF in the 2nd quarter valued at about $46,000. Tripletail Wealth Management LLC bought a new stake in JPMorgan Global Select Equity ETF in the 3rd quarter valued at about $51,000. Finally, National Bank of Canada FI acquired a new position in JPMorgan Global Select Equity ETF during the 3rd quarter valued at about $74,000.

JPMorgan Global Select Equity ETF Trading Up 2.9%

NASDAQ JGLO opened at $65.27 on Wednesday. JPMorgan Global Select Equity ETF has a 52 week low of $51.78 and a 52 week high of $70.14. The stock has a market cap of $6.62 billion, a price-to-earnings ratio of 23.79 and a beta of 0.90. The company has a 50-day moving average price of $67.86 and a two-hundred day moving average price of $67.87.

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. The selection process integrates ESG factors. JGLO was launched on Sep 13, 2023 and is issued by JPMorgan Chase.