JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Short Interest Up 128.2% in December

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 1,837 shares, a growth of 128.2% from the December 15th total of 805 shares. Based on an average daily trading volume, of 894 shares, the short-interest ratio is presently 2.1 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 894 shares, the short-interest ratio is presently 2.1 days.

JPMorgan Active Small Cap Value ETF Stock Up 1.6%

Shares of NYSEARCA JPSV traded up $0.96 during midday trading on Thursday, hitting $61.05. The stock had a trading volume of 581 shares, compared to its average volume of 218. The business’s 50 day moving average is $58.65 and its 200-day moving average is $58.29. JPMorgan Active Small Cap Value ETF has a 52 week low of $48.81 and a 52 week high of $61.05. The company has a market cap of $25.03 million, a P/E ratio of 15.78 and a beta of 0.98.

Hedge Funds Weigh In On JPMorgan Active Small Cap Value ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Royal Bank of Canada increased its holdings in JPMorgan Active Small Cap Value ETF by 7.3% in the 1st quarter. Royal Bank of Canada now owns 5,097 shares of the company’s stock worth $282,000 after acquiring an additional 345 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of JPMorgan Active Small Cap Value ETF by 122.2% in the second quarter. Geneos Wealth Management Inc. now owns 125,844 shares of the company’s stock worth $7,088,000 after purchasing an additional 69,208 shares during the period. Finally, Citadel Advisors LLC boosted its position in shares of JPMorgan Active Small Cap Value ETF by 8.7% in the third quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock worth $239,000 after purchasing an additional 325 shares during the period.

About JPMorgan Active Small Cap Value ETF

The JPMorgan Active Small Cap Value ETF (JPSV) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively managed, non-transparent ETF that provides exposure to US small-cap value stocks. The fund utilizes the Natixis\u002FNYSE proxy portfolio model JPSV was launched on Mar 7, 2023 and is managed by JPMorgan Chase.