JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE – Get Free Report) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 21,137 shares, an increase of 264.8% from the May 31st total of 5,794 shares. Currently, 5.3% of the company’s stock are short sold. Based on an average daily volume of 4,001 shares, the short-interest ratio is presently 5.3 days.
JPMorgan Active Developing Markets Equity ETF Stock Down 0.9%
JPMorgan Active Developing Markets Equity ETF stock traded down $0.70 during midday trading on Friday, reaching $78.39. The company’s stock had a trading volume of 432 shares, compared to its average volume of 3,601. The company has a market cap of $31.36 million, a P/E ratio of -153.71 and a beta of 0.80. The business has a 50-day simple moving average of $77.14 and a 200-day simple moving average of $70.79. JPMorgan Active Developing Markets Equity ETF has a fifty-two week low of $53.92 and a fifty-two week high of $82.75.
Institutional Investors Weigh In On JPMorgan Active Developing Markets Equity ETF
An institutional investor recently bought a new stake in JPMorgan Active Developing Markets Equity ETF stock. Assetmark Inc. purchased a new stake in JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE – Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 32,081 shares of the company’s stock, valued at approximately $2,126,000. Assetmark Inc. owned approximately 8.02% of JPMorgan Active Developing Markets Equity ETF as of its most recent SEC filing. Hedge funds and other institutional investors own 29.47% of the company’s stock.
About JPMorgan Active Developing Markets Equity ETF
The JPMorgan Active Developing Markets Equity ETF (JADE) is an exchange-traded fund that mostly invests in total market equity. The fund is a pure actively managed ETF, investing in equities and equity-related securities tied to emerging markets. The fund is focused on both growth and value stocks, aiming for long-term growth of capital JADE was launched on May 16, 2024 and is issued by JPMorgan Chase.
Featured Articles
- Five stocks we like better than JPMorgan Active Developing Markets Equity ETF
- As Stablecoins Keep Growing, These 2 Stocks Benefit
- Apple Just Handed These 4 Memory Stocks Their Best News of the Year
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
Receive News & Ratings for JPMorgan Active Developing Markets Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Active Developing Markets Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
