JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Short Interest Update

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 8,525 shares, a decline of 20.8% from the December 31st total of 10,764 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 5,914 shares, the short-interest ratio is currently 1.4 days. Based on an average trading volume of 5,914 shares, the short-interest ratio is currently 1.4 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Ameritas Advisory Services LLC bought a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the second quarter worth $31,000. MAI Capital Management grew its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 48.4% in the 3rd quarter. MAI Capital Management now owns 408 shares of the company’s stock worth $44,000 after purchasing an additional 133 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 355.7% during the 4th quarter. Farther Finance Advisors LLC now owns 793 shares of the company’s stock worth $86,000 after purchasing an additional 619 shares during the period. Private Trust Co. NA raised its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 119.4% during the third quarter. Private Trust Co. NA now owns 1,165 shares of the company’s stock valued at $126,000 after buying an additional 634 shares during the last quarter. Finally, Cary Street Partners Financial LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the third quarter valued at about $220,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Performance

Shares of NYSEARCA:JPME traded up $0.73 during midday trading on Tuesday, hitting $114.38. The company’s stock had a trading volume of 6,653 shares, compared to its average volume of 7,980. The stock’s 50 day simple moving average is $111.00 and its 200 day simple moving average is $108.45. The stock has a market capitalization of $406.05 million, a price-to-earnings ratio of 17.00 and a beta of 0.95. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a fifty-two week low of $87.85 and a fifty-two week high of $115.25.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Company Profile

The JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of mid-cap US stocks selected using relative value, momentum and quality factors, and for equal risk contribution by sector. JPME was launched on May 11, 2016 and is managed by JPMorgan Chase.