JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Sees Significant Growth in Short Interest

JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 7,901 shares, a growth of 163.3% from the April 30th total of 3,001 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 19,795 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. LPL Financial LLC increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 5.2% during the 4th quarter. LPL Financial LLC now owns 417,623 shares of the company’s stock worth $25,362,000 after purchasing an additional 20,768 shares during the last quarter. Bank of America Corp DE increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 52.4% during the 3rd quarter. Bank of America Corp DE now owns 323,089 shares of the company’s stock worth $19,061,000 after purchasing an additional 111,074 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1.7% during the 4th quarter. Cetera Investment Advisers now owns 236,262 shares of the company’s stock worth $14,348,000 after purchasing an additional 3,865 shares during the last quarter. SAM Advisors LLC increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 0.6% during the 4th quarter. SAM Advisors LLC now owns 194,578 shares of the company’s stock worth $11,817,000 after purchasing an additional 1,198 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 3.1% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 179,311 shares of the company’s stock worth $10,579,000 after purchasing an additional 5,376 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Down 0.0%

Shares of JPMorgan Diversified Return Emerging Markets Equity ETF stock traded down $0.03 during trading on Friday, hitting $64.73. 8,616 shares of the stock were exchanged, compared to its average volume of 26,853. The stock has a market capitalization of $388.38 million, a price-to-earnings ratio of 11.40 and a beta of 0.47. The company has a fifty day moving average price of $64.11 and a 200-day moving average price of $63.22. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1-year low of $54.39 and a 1-year high of $67.40.

About JPMorgan Diversified Return Emerging Markets Equity ETF

The JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market equities, selected by multiple factors. Stocks are weighted by market cap and inversely by risk relative to geographic and sector groupings. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.