JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Short Interest Up 47.6% in August

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the recipient of a large increase in short interest during 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. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 12,402 shares, the short-interest ratio is currently 1.5 days.

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

JPMorgan Diversified Return U.S. Small Cap Equity ETF stock traded down $0.45 during mid-day trading on Tuesday, reaching $58.80. 16,141 shares of the stock traded hands, compared to its average volume of 26,394. The stock has a market capitalization 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 12-month low of $47.44 and a 12-month high of $61.27. The business’s 50-day moving average is $59.88 and its 200-day moving average is $57.14.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF

Large investors have recently made changes to their positions in the company. KWB Wealth lifted its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.8% in the 2nd quarter. KWB Wealth now owns 27,808 shares of the company’s stock worth $1,673,000 after purchasing an additional 479 shares during the period. Sprinkle Financial Consultants LLC grew its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.8% during the second quarter. Sprinkle Financial Consultants LLC now owns 179,745 shares of the company’s stock valued at $10,815,000 after buying an additional 4,922 shares during the period. Financial Solutions Advisory Group Inc. purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the first quarter valued at approximately $7,701,000. Ipsen Advisor Group LLC increased its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.3% during the first quarter. Ipsen Advisor Group LLC now owns 115,584 shares of the company’s stock valued at $6,060,000 after buying an additional 2,556 shares during the last quarter. Finally, Bank of America Corp DE raised its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.4% in the first 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 period.

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.