JPMorgan Global Select Equity ETF (JGLO) Adds Meta and Broadcom on Thursday

This article first appeared on GuruFocus.

JPMorgan Global Select Equity ETF (JGLO) was one of the ETFs selling more than buying last Thursday, with 8 positions increased and 10 decreased. The fund’s gross trading totaled $170.9 million against net sales of $40.3 million, on $6.28 billion in assets. JGLO activity added to Meta Platforms, Broadcom, UnitedHealth, CME Group and Walt Disney, while cutting Microsoft, Morgan Stanley, Bank of America and McDonald’s.

What did JGLO buy on Thursday?

Its largest buys by dollar value were META ($19.0 million), AVGO ($18.3 million) and UNH ($11.8 million).

What did JGLO sell on Thursday?

Its largest sells by dollar value were MU ($33.0 million), MSFT ($16.0 million) and MS ($15.8 million).

The largest buy was $19.0 million of Meta Platforms, lifting it to a 3.32% weight, followed by $18.3 million of Broadcom at 1.74%. UnitedHealth drew $11.8 million and CME Group $10.4…