JPMorgan Long/Short ETF (NYSEARCA:JPLS)’s stock price dropped 0.2% during trading on Wednesday . The company traded as low as $21.88 and last traded at $21.94, approximately 1,866 shares changed hands during trading. A decline of 60% from the average daily volume of 4,694 shares. The stock had previously closed at $21.98.
The firm has a 50 day moving average price of $21.91 and a two-hundred day moving average price of $21.66.
A hedge fund recently raised its stake in JPMorgan Long/Short ETF stock. Jane Street Group LLC boosted its position in shares of JPMorgan Long/Short ETF (NYSEARCA:JPLS) by 45.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 22,397 shares of the company’s stock after purchasing an additional 7,031 shares during the period. Jane Street Group LLC owned 2.04% of JPMorgan Long/Short ETF worth $483,000 at the end of the most recent reporting period.
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