JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Short Interest Up 32.7% in January

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 11,311 shares, a growth of 32.7% from the January 15th total of 8,525 shares. Based on an average daily trading volume, of 9,628 shares, the short-interest ratio is currently 1.2 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 9,628 shares, the short-interest ratio is currently 1.2 days.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Down 0.5%

JPMorgan Diversified Return U.S. Mid Cap Equity ETF stock traded down $0.55 during mid-day trading on Tuesday, hitting $117.88. 136,394 shares of the stock were exchanged, compared to its average volume of 12,548. The stock has a market capitalization of $418.47 million, a price-to-earnings ratio of 17.00 and a beta of 0.95. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 12 month low of $87.85 and a 12 month high of $119.36. The firm’s fifty day simple moving average is $112.48 and its two-hundred day simple moving average is $109.20.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. HighTower Advisors LLC increased its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 8.0% in the fourth quarter. HighTower Advisors LLC now owns 338,574 shares of the company’s stock worth $36,789,000 after purchasing an additional 24,973 shares in the last quarter. LPL Financial LLC increased its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 7.8% in the 4th quarter. LPL Financial LLC now owns 244,782 shares of the company’s stock valued at $26,598,000 after acquiring an additional 17,682 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 3.1% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 155,608 shares of the company’s stock valued at $16,875,000 after acquiring an additional 4,649 shares during the period. Jones Financial Companies Lllp grew its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 46.5% in the third quarter. Jones Financial Companies Lllp now owns 96,016 shares of the company’s stock worth $10,371,000 after purchasing an additional 30,474 shares during the period. Finally, Appleton Partners Inc. MA grew its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.3% in the fourth quarter. Appleton Partners Inc. MA now owns 91,742 shares of the company’s stock worth $9,969,000 after purchasing an additional 2,063 shares during the period.

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

The JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of mid-cap US stocks selected using relative value, momentum and quality factors, and for equal risk contribution by sector. JPME was launched on May 11, 2016 and is managed by JPMorgan Chase.