JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Short Interest Update

JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) was the target of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 9,293 shares, a decrease of 17.6% from the February 12th total of 11,276 shares. Based on an average trading volume of 22,230 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 22,230 shares, the days-to-cover ratio is currently 0.4 days.

JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA JPEM traded up $0.79 during mid-day trading on Monday, hitting $62.66. The company had a trading volume of 7,639 shares, compared to its average volume of 26,549. The company has a market capitalization of $388.49 million, a PE ratio of 11.40 and a beta of 0.52. The business’s 50-day simple moving average is $64.46 and its 200 day simple moving average is $61.46. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1-year low of $47.92 and a 1-year high of $67.40.

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

A number of hedge funds have recently bought and sold shares of JPEM. Bank of America Corp DE boosted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 52.4% in the 3rd quarter. Bank of America Corp DE now owns 323,089 shares of the company’s stock valued at $19,061,000 after buying an additional 111,074 shares during the period. Marshall Wace LLP increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1,848.5% during the second quarter. Marshall Wace LLP now owns 87,740 shares of the company’s stock worth $4,949,000 after buying an additional 83,237 shares during the period. CW Advisors LLC purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the second quarter worth approximately $4,360,000. Tactive Advisors LLC raised its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 307.2% in the third quarter. Tactive Advisors LLC now owns 98,133 shares of the company’s stock valued at $5,789,000 after acquiring an additional 74,033 shares in the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF in the fourth quarter valued at approximately $1,745,000.

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.