Short Interest in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Increases By 32.7%

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 11,311 shares, an increase of 32.7% from the January 15th total of 8,525 shares. Based on an average daily trading volume, of 9,628 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,628 shares, the days-to-cover ratio is presently 1.2 days.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Down 0.6%

Shares of NYSEARCA JPME opened at $117.73 on Wednesday. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 12-month low of $87.85 and a 12-month high of $119.36. The firm’s 50-day simple moving average is $112.67 and its 200 day simple moving average is $109.30. The company has a market cap of $417.94 million, a price-to-earnings ratio of 17.00 and a beta of 0.95.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers grew its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 13.2% during the 4th quarter. Cetera Investment Advisers now owns 6,163 shares of the company’s stock worth $670,000 after buying an additional 721 shares during the period. Osaic Holdings Inc. boosted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 39.6% in the fourth quarter. Osaic Holdings Inc. now owns 18,374 shares of the company’s stock valued at $1,999,000 after acquiring an additional 5,211 shares during the last quarter. Royal Bank of Canada grew its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 5.3% during the 4th quarter. Royal Bank of Canada now owns 53,518 shares of the company’s stock worth $5,815,000 after acquiring an additional 2,689 shares during the period. Bluedoor Private Wealth LLC acquired a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 4th quarter worth $686,000. Finally, Stifel Financial Corp raised its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 3.0% during the 4th quarter. Stifel Financial Corp now owns 22,389 shares of the company’s stock valued at $2,433,000 after acquiring an additional 646 shares during the last quarter.

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.