JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Short Interest Down 55.1% in March

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the recipient of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 4,679 shares, a drop of 55.1% from the February 26th total of 10,425 shares. Based on an average daily volume of 34,653 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

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

Shares of NYSEARCA JPSE traded down $0.63 during midday trading on Thursday, hitting $52.23. 23,583 shares of the company traded hands, compared to its average volume of 27,100. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12-month low of $37.66 and a 12-month high of $55.40. The stock has a 50-day moving average price of $53.69 and a 200 day moving average price of $51.47. The firm has a market cap of $530.13 million, a P/E ratio of 15.86 and a beta of 1.04.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in JPSE. McLaughlin Asset Management Inc. bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter valued at approximately $610,000. Cetera Investment Advisers grew its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.5% in the fourth quarter. Cetera Investment Advisers now owns 52,370 shares of the company’s stock worth $2,622,000 after purchasing an additional 771 shares during the period. Royal Bank of Canada raised its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.1% in the fourth quarter. Royal Bank of Canada now owns 308,209 shares of the company’s stock worth $15,434,000 after purchasing an additional 6,358 shares in the last quarter. Stifel Financial Corp raised its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.7% in the fourth quarter. Stifel Financial Corp now owns 59,052 shares of the company’s stock worth $2,957,000 after purchasing an additional 1,544 shares in the last quarter. Finally, Advyzon Investment Management LLC purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter valued at $1,346,000.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Company Profile

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.