JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Sees Large Drop in Short Interest

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 48 shares, a decrease of 94.1% from the June 30th total of 807 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 459 shares, the short-interest ratio is currently 0.1 days.

JPMorgan Active Small Cap Value ETF Stock Performance

Shares of JPSV traded up $0.77 during trading hours on Friday, hitting $69.73. The stock had a trading volume of 268 shares, compared to its average volume of 633. JPMorgan Active Small Cap Value ETF has a 12-month low of $55.37 and a 12-month high of $70.13. The firm has a market cap of $27.89 million, a P/E ratio of 15.78 and a beta of 0.83. The company’s fifty day simple moving average is $66.76 and its 200 day simple moving average is $63.06.

Hedge Funds Weigh In On JPMorgan Active Small Cap Value ETF

A number of large investors have recently modified their holdings of JPSV. Royal Bank of Canada lifted its stake in shares of JPMorgan Active Small Cap Value ETF by 7.3% in the 1st quarter. Royal Bank of Canada now owns 5,097 shares of the company’s stock valued at $282,000 after purchasing an additional 345 shares in the last quarter. Citadel Advisors LLC increased its position in JPMorgan Active Small Cap Value ETF by 8.7% during the 3rd 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. Geneos Wealth Management Inc. increased its position in JPMorgan Active Small Cap Value ETF by 7.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 149,251 shares of the company’s stock worth $8,658,000 after purchasing an additional 10,007 shares in the last quarter. Finally, Opal Capital LLC purchased a new position in JPMorgan Active Small Cap Value ETF in the fourth quarter valued at approximately $359,000.

JPMorgan Active Small Cap Value ETF Company Profile

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.