JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Short Interest Update

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 8,525 shares, a drop of 20.8% from the December 31st total of 10,764 shares. Based on an average trading volume of 5,914 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 5,914 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Mid Cap Equity ETF

Large investors have recently bought and sold shares of the business. HighTower Advisors LLC grew its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 6.4% in the 3rd quarter. HighTower Advisors LLC now owns 313,601 shares of the company’s stock worth $34,009,000 after purchasing an additional 18,997 shares during the period. Dynamic Advisor Solutions LLC boosted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 3.1% in the third quarter. Dynamic Advisor Solutions LLC now owns 155,608 shares of the company’s stock worth $16,875,000 after purchasing an additional 4,649 shares during the period. Jones Financial Companies Lllp boosted its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 46.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 96,016 shares of the company’s stock worth $10,371,000 after buying an additional 30,474 shares during the period. Appleton Partners Inc. MA boosted its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.3% in the fourth quarter. Appleton Partners Inc. MA now owns 91,742 shares of the company’s stock worth $9,969,000 after acquiring an additional 2,063 shares during the period. Finally, Sanctuary Advisors LLC boosted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 3.5% in the 4th quarter. Sanctuary Advisors LLC now owns 69,363 shares of the company’s stock worth $7,537,000 after purchasing an additional 2,349 shares during the period.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Performance

Shares of NYSEARCA JPME traded down $0.41 during midday trading on Friday, hitting $113.29. 7,510 shares of the company traded hands, compared to its average volume of 7,720. The stock has a 50-day moving average price of $110.76 and a 200 day moving average price of $108.29. The firm has a market cap of $402.18 million, a P/E ratio of 17.00 and a beta of 0.95. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 12-month low of $87.85 and a 12-month high of $114.41.

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.