Short Interest in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Drops By 88.8%

JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 11,276 shares, a decline of 88.8% from the January 29th total of 101,047 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 41,805 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 41,805 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Down 0.3%

JPMorgan Diversified Return Emerging Markets Equity ETF stock traded down $0.20 during midday trading on Thursday, hitting $66.96. The stock had a trading volume of 12,837 shares, compared to its average volume of 28,459. The business has a fifty day moving average price of $63.67 and a 200 day moving average price of $60.89. JPMorgan Diversified Return Emerging Markets Equity ETF has a 12 month low of $47.92 and a 12 month high of $67.40. The stock has a market cap of $415.15 million, a P/E ratio of 11.40 and a beta of 0.52.

Institutional Trading of JPMorgan Diversified Return Emerging Markets Equity ETF

Several institutional investors have recently added to or reduced their stakes in the business. Birchwood Financial Partners Inc. bought a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 4th quarter worth about $1,745,000. Asset One Wealth Management LLC bought a new position in JPMorgan Diversified Return Emerging Markets Equity ETF in the fourth quarter worth about $451,000. Cetera Investment Advisers boosted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 1.7% in the fourth quarter. Cetera Investment Advisers now owns 236,262 shares of the company’s stock valued at $14,348,000 after acquiring an additional 3,865 shares during the period. Focus Partners Wealth boosted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 5.9% in the fourth quarter. Focus Partners Wealth now owns 156,273 shares of the company’s stock valued at $9,491,000 after acquiring an additional 8,681 shares during the period. Finally, Aptus Capital Advisors LLC grew its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 475.0% during the fourth quarter. Aptus Capital Advisors LLC now owns 575 shares of the company’s stock valued at $35,000 after purchasing an additional 475 shares during the last quarter.

About JPMorgan Diversified Return Emerging Markets Equity ETF

The JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market equities, selected by multiple factors. Stocks are weighted by market cap and inversely by risk relative to geographic and sector groupings. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.