JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE – Get Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 11,756 shares, an increase of 71.5% from the May 31st total of 6,855 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 20,763 shares, the short-interest ratio is currently 0.6 days.
Hedge Funds Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF
Hedge funds have recently added to or reduced their stakes in the stock. Lodestone Wealth Management LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter valued at approximately $33,000. Private Wealth Management Group LLC purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth $63,000. Caldwell Trust Co purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth $65,000. Horizon Investments LLC increased its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% during the 4th quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock worth $65,000 after purchasing an additional 804 shares during the period. Finally, N.E.W. Advisory Services LLC raised its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% during the 4th quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock valued at $143,000 after purchasing an additional 2,502 shares in the last quarter.
JPMorgan Diversified Return U.S. Small Cap Equity ETF Price Performance
JPSE stock opened at $59.70 on Friday. The company has a market capitalization of $592.82 million, a PE ratio of 15.86 and a beta of 0.98. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12 month low of $44.85 and a 12 month high of $60.59. The firm’s 50-day moving average is $58.16 and its 200 day moving average is $54.96.
About JPMorgan Diversified Return U.S. Small Cap Equity ETF
The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.
Featured Articles
- Five stocks we like better than JPMorgan Diversified Return U.S. Small Cap Equity ETF
- Why the Comcast Spin-Off Won’t Fix What’s Actually Broken
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
Receive News & Ratings for JPMorgan Diversified Return U.S. Small Cap Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Diversified Return U.S. Small Cap Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
