JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Sees Significant Increase in Short Interest

JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 3,274 shares, an increase of 119.7% from the September 30th total of 1,490 shares. Based on an average daily trading volume, of 11,565 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Trading of JPMorgan Diversified Return Emerging Markets Equity ETF

Institutional investors have recently modified their holdings of the company. KWB Wealth bought a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the third quarter valued at approximately $9,090,000. Avantax Planning Partners Inc. raised its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 0.9% in the first quarter. Avantax Planning Partners Inc. now owns 123,594 shares of the company’s stock valued at $7,678,000 after purchasing an additional 1,049 shares in the last quarter. Tactive Advisors LLC bought a new position in JPMorgan Diversified Return Emerging Markets Equity ETF in the third quarter worth $3,360,000. RHS Financial LLC bought a new position in JPMorgan Diversified Return Emerging Markets Equity ETF in the third quarter worth $2,206,000. Finally, Focus Financial Network Inc. bought a new position in JPMorgan Diversified Return Emerging Markets Equity ETF in the third quarter worth $1,818,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Down 0.8%

JPEM traded down $0.52 on Friday, hitting $61.11. 12,078 shares of the stock traded hands, compared to its average volume of 21,970. JPMorgan Diversified Return Emerging Markets Equity ETF has a 52 week low of $59.21 and a 52 week high of $67.53. The firm has a market capitalization of $360.55 million, a PE ratio of 11.40 and a beta of 0.47. The business has a fifty day moving average price of $64.79 and a two-hundred day moving average price of $64.42.

JPMorgan Diversified Return Emerging Markets Equity ETF Company Profile

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.