Short Interest in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Increases By 85.1%

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 38,914 shares, a growth of 85.1% from the December 31st total of 21,021 shares. Based on an average daily trading volume, of 20,619 shares, the short-interest ratio is presently 1.9 days. Currently, 0.4% of the company’s stock are sold short. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 20,619 shares, the short-interest ratio is presently 1.9 days.

Hedge Funds Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF

Institutional investors have recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.0% in the 3rd quarter. Bank of America Corp DE now owns 577,634 shares of the company’s stock valued at $28,772,000 after buying an additional 5,722 shares during the period. Hartford Financial Management Inc. raised its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 3.9% in the fourth quarter. Hartford Financial Management Inc. now owns 333,388 shares of the company’s stock valued at $16,694,000 after acquiring an additional 12,394 shares in the last quarter. Aprio Wealth Management LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter valued at $15,540,000. Envestnet Asset Management Inc. raised its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 61.6% in the third quarter. Envestnet Asset Management Inc. now owns 196,437 shares of the company’s stock valued at $9,785,000 after buying an additional 74,870 shares in the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management raised its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.2% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 193,075 shares of the company’s stock worth $9,617,000 after acquiring an additional 4,113 shares in 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 trading on Friday, hitting $53.09. The stock had a trading volume of 8,042 shares, compared to its average volume of 22,127. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12-month low of $37.66 and a 12-month high of $54.90. The stock has a market capitalization of $538.86 million, a price-to-earnings ratio of 15.86 and a beta of 1.04. The stock has a 50-day simple moving average of $51.70 and a two-hundred day simple moving average of $49.85.

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.