JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM – Get Free Report) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 81,425 shares, an increase of 74.3% from the December 15th total of 46,727 shares. Based on an average daily trading volume, of 18,421 shares, the short-interest ratio is currently 4.4 days. Approximately 1.3% of the company’s shares are sold short. Approximately 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 18,421 shares, the short-interest ratio is currently 4.4 days.
Institutional Trading of JPMorgan Diversified Return Emerging Markets Equity ETF
Several hedge funds have recently bought and sold shares of the stock. CW Advisors LLC acquired a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the 2nd quarter worth about $4,360,000. Accel Wealth Management lifted its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 118.4% during the third quarter. Accel Wealth Management now owns 34,927 shares of the company’s stock worth $2,061,000 after acquiring an additional 18,938 shares during the last quarter. Avestar Capital LLC boosted its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 27.7% during the second quarter. Avestar Capital LLC now owns 66,980 shares of the company’s stock worth $3,779,000 after acquiring an additional 14,548 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 5.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 13,980 shares of the company’s stock valued at $800,000 after purchasing an additional 721 shares during the last quarter. Finally, KWB Wealth increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1.5% during the second quarter. KWB Wealth now owns 152,838 shares of the company’s stock worth $8,058,000 after purchasing an additional 2,278 shares during the period.
JPMorgan Diversified Return Emerging Markets Equity ETF Stock Down 0.4%
JPMorgan Diversified Return Emerging Markets Equity ETF stock traded down $0.23 during mid-day trading on Friday, hitting $62.93. 10,949 shares of the company’s stock were exchanged, compared to its average volume of 14,550. The company’s 50 day simple moving average is $60.96 and its 200-day simple moving average is $59.22. The firm has a market capitalization of $390.17 million, a P/E ratio of 11.40 and a beta of 0.52. JPMorgan Diversified Return Emerging Markets Equity ETF has a fifty-two week low of $47.92 and a fifty-two week high of $63.26.
JPMorgan Diversified Return Emerging Markets Equity ETF Company Profile
The JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market equities, selected by multiple factors. Stocks are weighted by market cap and inversely by risk relative to geographic and sector groupings. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.
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