Short Interest in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Grows By 41.0%

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 10,764 shares, a growth of 41.0% from the December 15th total of 7,632 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 7,215 shares, the short-interest ratio is presently 1.5 days. Based on an average daily trading volume, of 7,215 shares, the short-interest ratio is presently 1.5 days. Approximately 0.3% of the company’s shares are sold short.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Trading Down 0.3%

Shares of JPME stock traded down $0.33 during mid-day trading on Friday, reaching $113.47. The stock had a trading volume of 16,240 shares, compared to its average volume of 6,804. The firm has a market capitalization of $402.82 million, a PE ratio of 17.00 and a beta of 0.95. The stock’s 50-day moving average price is $109.39 and its two-hundred day moving average price is $107.70. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 52-week low of $87.85 and a 52-week high of $113.96.

Institutional Trading of JPMorgan Diversified Return U.S. Mid Cap Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Ameritas Advisory Services LLC bought a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 2nd quarter valued at about $31,000. MAI Capital Management lifted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 48.4% in the third quarter. MAI Capital Management now owns 408 shares of the company’s stock worth $44,000 after buying an additional 133 shares in the last quarter. Private Trust Co. NA boosted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 119.4% during the third quarter. Private Trust Co. NA now owns 1,165 shares of the company’s stock valued at $126,000 after buying an additional 634 shares during the last quarter. Cary Street Partners Financial LLC purchased a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter valued at approximately $220,000. Finally, Luts & Greenleigh Group Inc. bought a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 3rd quarter worth approximately $222,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Company Profile

The JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of mid-cap US stocks selected using relative value, momentum and quality factors, and for equal risk contribution by sector. JPME was launched on May 11, 2016 and is managed by JPMorgan Chase.