Short Interest in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Drops By 53.0%

JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 38,277 shares, a decrease of 53.0% from the December 31st total of 81,425 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 14,963 shares, the days-to-cover ratio is currently 2.6 days. Based on an average daily volume of 14,963 shares, the days-to-cover ratio is currently 2.6 days. Currently, 0.6% of the company’s stock are short sold.

Institutional Investors Weigh In On JPMorgan Diversified Return Emerging Markets Equity ETF

A number of institutional investors have recently added to or reduced their stakes in JPEM. Royal Bank of Canada boosted its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 6.1% in the 1st quarter. Royal Bank of Canada now owns 25,377 shares of the company’s stock worth $1,338,000 after buying an additional 1,465 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 5.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 13,980 shares of the company’s stock worth $800,000 after acquiring an additional 721 shares during the period. Accel Wealth Management increased its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 3.5% during the 2nd quarter. Accel Wealth Management now owns 15,989 shares of the company’s stock worth $902,000 after buying an additional 542 shares during the last quarter. Berger Financial Group Inc lifted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 2.0% in the 2nd quarter. Berger Financial Group Inc now owns 64,860 shares of the company’s stock valued at $3,659,000 after purchasing an additional 1,244 shares in the last quarter. Finally, 3Chopt Investment Partners LLC lifted its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 4,047.0% during the second quarter. 3Chopt Investment Partners LLC now owns 4,147 shares of the company’s stock valued at $234,000 after buying an additional 4,047 shares in the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Up 0.4%

Shares of JPEM stock opened at $66.24 on Thursday. The company has a market cap of $410.69 million, a P/E ratio of 11.40 and a beta of 0.52. The firm has a fifty day moving average price of $61.57 and a 200 day moving average price of $59.65. JPMorgan Diversified Return Emerging Markets Equity ETF has a 12 month low of $47.92 and a 12 month high of $66.37.

JPMorgan Diversified Return Emerging Markets Equity ETF Company Profile

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.