JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Sees Large Growth in Short Interest

by · The Cerbat Gem

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE – Get Free Report) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 6,699 shares, a growth of 124.3% from the April 30th total of 2,986 shares. Based on an average daily volume of 53,058 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

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

Shares of JPSE remained flat at $57.69 during mid-day trading on Tuesday. 26,766 shares of the stock traded hands, compared to its average volume of 28,633. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12 month low of $43.55 and a 12 month high of $58.71. The stock has a 50 day moving average of $55.78 and a 200-day moving average of $53.49. The stock has a market capitalization of $585.55 million, a price-to-earnings ratio of 15.86 and a beta of 1.01.

Institutional Trading of JPMorgan Diversified Return U.S. Small Cap Equity ETF

Several large investors have recently made changes to their positions in the company. First Pacific Financial boosted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 0.4% during the 1st quarter. First Pacific Financial now owns 71,943 shares of the company’s stock worth $3,772,000 after acquiring an additional 286 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 6.0% during the 1st quarter. Kestra Private Wealth Services LLC now owns 6,396 shares of the company’s stock worth $335,000 after acquiring an additional 362 shares in the last quarter. LWM Advisory Services LLC boosted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.9% during the 3rd quarter. LWM Advisory Services LLC now owns 22,606 shares of the company’s stock worth $1,126,000 after acquiring an additional 634 shares in the last quarter. KWB Wealth boosted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.4% during the 4th quarter. KWB Wealth now owns 27,329 shares of the company’s stock worth $1,368,000 after acquiring an additional 647 shares in the last quarter. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth approximately $33,000.

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

(Get Free Report)

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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