JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE – Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 19,181 shares, an increase of 47.6% from the July 30th total of 12,998 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 12,402 shares, the short-interest ratio is currently 1.5 days.
Institutional Trading of JPMorgan Diversified Return U.S. Small Cap Equity ETF
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Financial Solutions Advisory Group Inc. bought a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the first quarter worth approximately $7,701,000. LPL Financial LLC raised its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.5% during the 4th quarter. LPL Financial LLC now owns 900,097 shares of the company’s stock valued at $45,071,000 after buying an additional 38,838 shares during the last quarter. Vantus Wealth LLC purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter valued at $1,349,000. Advyzon Investment Management LLC purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter valued at $1,346,000. Finally, Bank of America Corp DE grew its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.4% in the 1st quarter. Bank of America Corp DE now owns 610,879 shares of the company’s stock worth $32,028,000 after acquiring an additional 25,608 shares during the last quarter.
JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Down 0.8%
Shares of NYSEARCA JPSE traded down $0.45 during midday trading on Tuesday, reaching $58.80. The company had a trading volume of 16,141 shares, compared to its average volume of 26,394. The stock has a market cap of $586.82 million, a PE ratio of 15.86 and a beta of 0.99. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a one year low of $47.44 and a one year high of $61.27. The firm’s fifty day moving average price is $59.88 and its 200-day moving average price is $57.14.
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.
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