Short Interest in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Drops By 78.3%

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 2,986 shares, a decline of 78.3% from the April 15th total of 13,762 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 20,336 shares, the short-interest ratio is currently 0.1 days.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. First Pacific Financial grew its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 0.4% during the first quarter. First Pacific Financial now owns 71,943 shares of the company’s stock worth $3,772,000 after buying an additional 286 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 6.0% during the first quarter. Kestra Private Wealth Services LLC now owns 6,396 shares of the company’s stock worth $335,000 after buying an additional 362 shares in the last quarter. LWM Advisory Services LLC grew its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.9% during the third quarter. LWM Advisory Services LLC now owns 22,606 shares of the company’s stock worth $1,126,000 after buying an additional 634 shares in the last quarter. KWB Wealth grew its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.4% during the fourth quarter. KWB Wealth now owns 27,329 shares of the company’s stock worth $1,368,000 after buying an additional 647 shares in the last quarter. Finally, Lodestone Wealth Management LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter worth about $33,000.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Down 0.1%

JPSE traded down $0.03 on Wednesday, hitting $57.49. The company had a trading volume of 11,882 shares, compared to its average volume of 26,506. The firm has a market cap of $583.52 million, a P/E ratio of 15.86 and a beta of 1.01. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 1 year low of $42.93 and a 1 year high of $58.64. The company’s fifty day moving average price is $54.58 and its 200 day moving average price is $52.78.

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.