JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Short Interest Up 65.4% in February

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 2,451 shares, a growth of 65.4% from the January 29th total of 1,482 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 864 shares, the days-to-cover ratio is currently 2.8 days. Based on an average daily volume of 864 shares, the days-to-cover ratio is currently 2.8 days. Currently, 0.6% of the shares of the company are sold short.

JPMorgan Active Small Cap Value ETF Stock Performance

NYSEARCA JPSV traded down $0.84 on Friday, hitting $61.27. 220 shares of the stock traded hands, compared to its average volume of 559. The business’s fifty day moving average is $60.66 and its two-hundred day moving average is $59.23. JPMorgan Active Small Cap Value ETF has a 12 month low of $48.81 and a 12 month high of $63.02. The firm has a market capitalization of $25.12 million, a price-to-earnings ratio of 15.78 and a beta of 0.98.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in JPSV. Royal Bank of Canada raised its stake in JPMorgan Active Small Cap Value ETF by 6.6% in the 4th quarter. Royal Bank of Canada now owns 3,219 shares of the company’s stock valued at $187,000 after acquiring an additional 198 shares during the period. Citadel Advisors LLC increased its stake in shares of JPMorgan Active Small Cap Value ETF by 8.7% in the third quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock worth $239,000 after purchasing an additional 325 shares in the last quarter. Opal Capital LLC purchased a new position in shares of JPMorgan Active Small Cap Value ETF in the fourth quarter worth about $359,000. Finally, Geneos Wealth Management Inc. raised its position in shares of JPMorgan Active Small Cap Value ETF by 122.2% in the second quarter. Geneos Wealth Management Inc. now owns 125,844 shares of the company’s stock valued at $7,088,000 after purchasing an additional 69,208 shares during the period.

About JPMorgan Active Small Cap Value ETF

The JPMorgan Active Small Cap Value ETF (JPSV) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively managed, non-transparent ETF that provides exposure to US small-cap value stocks. The fund utilizes the Natixis\u002FNYSE proxy portfolio model JPSV was launched on Mar 7, 2023 and is managed by JPMorgan Chase.