JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Short Interest Update

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 6,646 shares, an increase of 29.8% from the February 26th total of 5,121 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 7,068 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Bank of America Corp DE grew its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 3.2% during the 3rd quarter. Bank of America Corp DE now owns 274,097 shares of the company’s stock valued at $33,963,000 after purchasing an additional 8,485 shares during the period. Captrust Financial Advisors lifted its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 2.1% in the 4th quarter. Captrust Financial Advisors now owns 224,867 shares of the company’s stock worth $27,871,000 after purchasing an additional 4,600 shares during the period. UBS Group AG boosted its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 0.4% in the fourth quarter. UBS Group AG now owns 131,985 shares of the company’s stock worth $16,359,000 after buying an additional 545 shares during the last quarter. Sterneck Capital Management LLC grew its position in JPMorgan Diversified Return U.S. Equity ETF by 3.0% during the fourth quarter. Sterneck Capital Management LLC now owns 89,024 shares of the company’s stock valued at $11,034,000 after buying an additional 2,624 shares during the period. Finally, LPL Financial LLC grew its position in JPMorgan Diversified Return U.S. Equity ETF by 8.8% during the fourth quarter. LPL Financial LLC now owns 69,305 shares of the company’s stock valued at $8,590,000 after buying an additional 5,577 shares during the period.

JPMorgan Diversified Return U.S. Equity ETF Trading Up 0.9%

NYSEARCA:JPUS traded up $1.10 during trading hours on Tuesday, reaching $129.16. The company had a trading volume of 1,540 shares, compared to its average volume of 7,568. The firm has a market cap of $400.40 million, a price-to-earnings ratio of 17.74 and a beta of 0.87. The firm’s 50 day moving average price is $132.19 and its 200-day moving average price is $126.91. JPMorgan Diversified Return U.S. Equity ETF has a 52 week low of $101.63 and a 52 week high of $137.48.

About JPMorgan Diversified Return U.S. Equity ETF

The JPMorgan Diversified Return U.S. Equity ETF (JPUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US stocks selected from the Russell 1000 using relative value, momentum, and quality factors. The fund is weighted for equal risk contribution at the sector level and holdings are equal-weighted within sectors. JPUS was launched on Sep 29, 2015 and is managed by JPMorgan Chase.