JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN – Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 12,619 shares, a drop of 67.0% from the September 30th total of 38,199 shares. Based on an average trading volume of 27,239 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the stock are short sold.
Institutional Trading of JPMorgan Diversified Return International Equity ETF
A number of institutional investors have recently added to or reduced their stakes in JPIN. Curry Webb Wealth Management LLC acquired a new position in JPMorgan Diversified Return International Equity ETF during the third quarter worth about $116,000. Worth Financial Advisory Group LLC lifted its position in shares of JPMorgan Diversified Return International Equity ETF by 2.0% during the 3rd quarter. Worth Financial Advisory Group LLC now owns 7,240 shares of the company’s stock valued at $534,000 after acquiring an additional 141 shares during the period. Independent Wealth Network Inc. lifted its position in shares of JPMorgan Diversified Return International Equity ETF by 7.4% during the 3rd quarter. Independent Wealth Network Inc. now owns 13,314 shares of the company’s stock valued at $983,000 after acquiring an additional 917 shares during the period. Stonehearth Capital Management LLC purchased a new stake in shares of JPMorgan Diversified Return International Equity ETF during the 3rd quarter worth approximately $1,016,000. Finally, RHS Financial LLC boosted its stake in shares of JPMorgan Diversified Return International Equity ETF by 260.0% during the 3rd quarter. RHS Financial LLC now owns 60,358 shares of the company’s stock worth $4,455,000 after acquiring an additional 43,593 shares in the last quarter.
JPMorgan Diversified Return International Equity ETF Trading Up 0.3%
Shares of NYSEARCA:JPIN traded up $0.25 on Thursday, reaching $74.23. 6,820 shares of the company were exchanged, compared to its average volume of 15,641. JPMorgan Diversified Return International Equity ETF has a 1-year low of $65.86 and a 1-year high of $77.94. The firm has a market cap of $386.00 million, a price-to-earnings ratio of 12.60 and a beta of 0.68. The company has a 50-day moving average of $75.19 and a 200-day moving average of $73.90.
About JPMorgan Diversified Return International Equity ETF
The JPMorgan Diversified Return International Equity ETF (JPIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed ex-North America securities that are selected based on value, momentum, and quality factors, then weighted by the inverse of historical volatility on a sector and regional level. JPIN was launched on Nov 7, 2014 and is managed by JPMorgan Chase.
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