JPMorgan Global Select Equity ETF (JGLO) Adds Microsoft and NXP on Oct. 29

This article first appeared on GuruFocus.

JPMorgan Global Select Equity ETF (JGLO) added to 10 positions and trimmed 7 on Thursday, with gross ETF activity of $122.6 million against $6.19 billion in assets. The fund was a net seller of $33.0 million, as $22.0 million of Alphabet and $21.0 million of Apple sales outweighed its largest purchase, $18.9 million of Microsoft.

What did JGLO buy on Thursday?

Its largest buys by dollar value were MSFT ($18.9 million), NXPI ($6.6 million) and META ($6.4 million).

What did JGLO sell on Thursday?

Its largest sells by dollar value were GOOGL ($22.0 million), AAPL ($21.0 million) and TSM ($16.2 million).

Microsoft led the buys at $18.9 million, lifting its weight to 8.15%, followed by $6.6 million of NXP Semiconductors and $6.4 million of Meta Platforms. AutoZone drew $2.9 million and Lowe’s $2.3 million. On the sell side, Alphabet’s $22.0 million reduction left a 3.95%…