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 large growth in short interest during the month of June. As of June 30th, there was short interest totaling 50,901 shares, a growth of 333.0% from the June 15th total of 11,756 shares. Based on an average daily volume of 38,659 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.5% of the shares of the company are short sold.

Hedge Funds Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Lodestone Wealth Management LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter worth approximately $33,000. Private Wealth Management Group LLC acquired a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter worth about $63,000. Horizon Investments LLC lifted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% in the 4th quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock valued at $65,000 after buying an additional 804 shares in the last quarter. Caldwell Trust Co purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter valued at about $65,000. Finally, N.E.W. Advisory Services LLC grew its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% during the 4th quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock worth $143,000 after purchasing an additional 2,502 shares during the period.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Up 0.2%

NYSEARCA:JPSE traded up $0.10 during midday trading on Tuesday, hitting $59.48. 3,738 shares of the company traded hands, compared to its average volume of 29,133. The firm has a market capitalization of $593.61 million, a P/E ratio of 15.86 and a beta of 0.98. The firm’s fifty day moving average is $58.50 and its 200-day moving average is $55.36. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12-month low of $44.85 and a 12-month high of $60.59.

About JPMorgan Diversified Return U.S. Small Cap Equity ETF

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.