JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Sees Large Increase in Short Interest

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

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF

A number of large investors have recently modified their holdings of the company. Family Capital Management Inc. lifted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 5.0% during the 2nd quarter. Family Capital Management Inc. now owns 50,328 shares of the company’s stock worth $2,289,000 after acquiring an additional 2,404 shares in the last quarter. Kingsview Wealth Management LLC increased its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 22.1% during the second quarter. Kingsview Wealth Management LLC now owns 104,901 shares of the company’s stock valued at $4,772,000 after purchasing an additional 19,002 shares during the last quarter. Ipsen Advisor Group LLC grew its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 3.9% during the second quarter. Ipsen Advisor Group LLC now owns 111,067 shares of the company’s stock valued at $5,052,000 after purchasing an additional 4,120 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the second quarter valued at $736,000. Finally, Cetera Investment Advisers boosted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 7.8% during the second quarter. Cetera Investment Advisers now owns 51,050 shares of the company’s stock worth $2,322,000 after buying an additional 3,673 shares during the period.

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

Shares of JPSE stock traded down $0.45 during trading on Friday, hitting $53.09. 8,042 shares of the stock traded hands, compared to its average volume of 22,127. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 52-week low of $37.66 and a 52-week high of $54.90. The firm’s fifty day moving average price is $51.70 and its 200-day moving average price is $49.87. The firm has a market capitalization of $538.86 million, a P/E ratio of 15.86 and a beta of 1.04.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Company Profile

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.