JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Sees Significant Decrease in Short Interest

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 1,571 shares, a drop of 35.9% from the February 12th total of 2,451 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 881 shares, the short-interest ratio is presently 1.8 days. Based on an average daily volume of 881 shares, the short-interest ratio is presently 1.8 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Investors Weigh In On JPMorgan Active Small Cap Value ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its stake in JPMorgan Active Small Cap Value ETF by 6.6% during the 4th quarter. Royal Bank of Canada now owns 3,219 shares of the company’s stock worth $187,000 after purchasing an additional 198 shares during the last quarter. Citadel Advisors LLC increased its holdings 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 valued at $239,000 after purchasing an additional 325 shares during the last quarter. Opal Capital LLC purchased a new position in JPMorgan Active Small Cap Value ETF during the fourth quarter worth approximately $359,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of JPMorgan Active Small Cap Value ETF by 7.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 149,251 shares of the company’s stock valued at $8,658,000 after purchasing an additional 10,007 shares during the period.

JPMorgan Active Small Cap Value ETF Stock Performance

Shares of JPSV stock traded down $0.01 on Friday, reaching $58.33. 210 shares of the company were exchanged, compared to its average volume of 584. The company has a market cap of $23.92 million, a price-to-earnings ratio of 15.78 and a beta of 0.98. JPMorgan Active Small Cap Value ETF has a 1 year low of $48.81 and a 1 year high of $63.02. The business has a 50-day moving average price of $60.94 and a 200 day moving average price of $59.32.

JPMorgan Active Small Cap Value ETF Company Profile

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.