JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Short Interest Down 99.5% in April

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 3 shares, a drop of 99.5% from the March 31st total of 651 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 882 shares, the days-to-cover ratio is presently 0.0 days.

JPMorgan Active Small Cap Value ETF Stock Performance

Shares of JPSV stock traded down $0.01 during trading on Friday, hitting $63.09. 615 shares of the company were exchanged, compared to its average volume of 608. The firm has a market capitalization of $25.24 million, a price-to-earnings ratio of 15.78 and a beta of 0.91. The business’s 50-day simple moving average is $60.56 and its 200 day simple moving average is $59.50. JPMorgan Active Small Cap Value ETF has a twelve month low of $52.79 and a twelve month high of $63.78.

Institutional Trading of JPMorgan Active Small Cap Value ETF

Several institutional investors have recently made changes to their positions in JPSV. Geneos Wealth Management Inc. boosted its holdings in shares of JPMorgan Active Small Cap Value ETF by 10.6% during the third quarter. Geneos Wealth Management Inc. now owns 139,244 shares of the company’s stock worth $8,169,000 after purchasing an additional 13,400 shares during the period. Opal Capital LLC acquired a new stake in shares of JPMorgan Active Small Cap Value ETF during the fourth quarter worth approximately $359,000. Royal Bank of Canada boosted its holdings in shares of JPMorgan Active Small Cap Value ETF by 7.3% during the first quarter. Royal Bank of Canada now owns 5,097 shares of the company’s stock worth $282,000 after purchasing an additional 345 shares during the period. Finally, Citadel Advisors LLC boosted its holdings in shares of JPMorgan Active Small Cap Value ETF by 8.7% during the third quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock worth $239,000 after purchasing an additional 325 shares during the period.

About JPMorgan Active Small Cap Value ETF

The JPMorgan Active Small Cap Value ETF (JPSV) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively managed, non-transparent ETF that provides exposure to US small-cap value stocks. The fund utilizes the Natixis\u002FNYSE proxy portfolio model JPSV was launched on Mar 7, 2023 and is managed by JPMorgan Chase.