JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Short Interest Update

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 20,401 shares, a drop of 59.9% from the June 30th total of 50,901 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 36,639 shares, the short-interest ratio is currently 0.6 days.

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

JPSE stock opened at $59.30 on Monday. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a twelve month low of $44.85 and a twelve month high of $60.59. The company has a market cap of $591.81 million, a P/E ratio of 15.86 and a beta of 0.98. The business has a fifty day moving average of $58.84 and a 200-day moving average of $55.93.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Lodestone Wealth Management LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter worth approximately $33,000. Private Wealth Management Group LLC bought a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter worth $63,000. Horizon Investments LLC grew its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% during the fourth quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock worth $65,000 after purchasing an additional 804 shares during the period. Caldwell Trust Co acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter worth $65,000. Finally, N.E.W. Advisory Services LLC lifted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% in the fourth quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock valued at $143,000 after buying an additional 2,502 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.