Short Interest in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Drops By 88.8%

JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) saw a large drop in short interest in February. As of February 13th, there was short interest totaling 11,276 shares, a drop of 88.8% from the January 29th total of 101,047 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 41,805 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 41,805 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of JPEM. Birchwood Financial Partners Inc. acquired a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 4th quarter worth approximately $1,745,000. Asset One Wealth Management LLC bought a new position in JPMorgan Diversified Return Emerging Markets Equity ETF during the fourth quarter worth $451,000. Cetera Investment Advisers boosted its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 1.7% in the fourth quarter. Cetera Investment Advisers now owns 236,262 shares of the company’s stock worth $14,348,000 after purchasing an additional 3,865 shares during the period. Focus Partners Wealth increased its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 5.9% during the fourth quarter. Focus Partners Wealth now owns 156,273 shares of the company’s stock valued at $9,491,000 after purchasing an additional 8,681 shares during the last quarter. Finally, Aptus Capital Advisors LLC increased its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 475.0% during the fourth quarter. Aptus Capital Advisors LLC now owns 575 shares of the company’s stock valued at $35,000 after purchasing an additional 475 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

Shares of JPMorgan Diversified Return Emerging Markets Equity ETF stock traded up $0.24 during trading on Wednesday, reaching $67.16. The company had a trading volume of 56,834 shares, compared to its average volume of 28,882. JPMorgan Diversified Return Emerging Markets Equity ETF has a fifty-two week low of $47.92 and a fifty-two week high of $67.40. The firm’s fifty day moving average is $63.67 and its 200-day moving average is $60.89. The company has a market cap of $416.39 million, a price-to-earnings ratio of 11.40 and a beta of 0.52.

About JPMorgan Diversified Return Emerging Markets Equity ETF

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.