JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Short Interest Update

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 2,986 shares, a decrease of 78.3% from the April 15th total of 13,762 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 20,336 shares, the days-to-cover ratio is presently 0.1 days.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Aprio Wealth Management LLC bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter worth $15,540,000. Truist Financial Corp purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter valued at $5,384,000. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 61.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 196,437 shares of the company’s stock worth $9,785,000 after purchasing an additional 74,870 shares in the last quarter. LPL Financial LLC raised its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.5% in the fourth quarter. LPL Financial LLC now owns 900,097 shares of the company’s stock worth $45,071,000 after purchasing an additional 38,838 shares during the last quarter. Finally, Western Wealth Management LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the third quarter worth $1,725,000.

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

Shares of NYSEARCA JPSE traded down $0.71 during trading hours on Friday, hitting $56.89. The company’s stock had a trading volume of 8,836 shares, compared to its average volume of 28,080. The business has a 50-day simple moving average of $54.64 and a 200-day simple moving average of $52.83. The stock has a market cap of $577.43 million, a price-to-earnings ratio of 15.86 and a beta of 1.01. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12 month low of $42.93 and a 12 month high of $58.64.

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.