JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Short Interest Down 78.3% in April

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 2,986 shares, a drop of 78.3% from the April 15th total of 13,762 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 20,336 shares, the days-to-cover ratio is presently 0.1 days.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Down 1.7%

JPMorgan Diversified Return U.S. Small Cap Equity ETF stock traded down $0.99 during mid-day trading on Friday, reaching $56.61. 86,365 shares of the company’s stock were exchanged, compared to its average volume of 29,000. The business’s fifty day simple moving average is $54.64 and its 200 day simple moving average is $52.83. The firm has a market capitalization of $574.59 million, a PE ratio of 15.86 and a beta of 1.01. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a one year low of $42.93 and a one year high of $58.64.

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

A number of hedge funds have recently bought and sold shares of JPSE. Hartford Financial Management Inc. increased its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 3.9% in the fourth quarter. Hartford Financial Management Inc. now owns 333,388 shares of the company’s stock worth $16,694,000 after buying an additional 12,394 shares during the last quarter. Capital Developers LLC purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter worth $698,000. Envestnet Asset Management Inc. increased its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 61.6% in the third quarter. Envestnet Asset Management Inc. now owns 196,437 shares of the company’s stock worth $9,785,000 after buying an additional 74,870 shares during the last quarter. J.W. Cole Advisors Inc. increased its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 95.0% in the third quarter. J.W. Cole Advisors Inc. now owns 31,560 shares of the company’s stock worth $1,572,000 after buying an additional 15,372 shares during the last quarter. Finally, Western Wealth Management LLC purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the third quarter worth $1,725,000.

About JPMorgan Diversified Return U.S. Small Cap Equity ETF

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.