JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 22,400 shares, an increase of 158.0% from the September 30th total of 8,682 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 15,828 shares, the short-interest ratio is presently 1.4 days.
Hedge Funds Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF
Several institutional investors have recently bought and sold shares of the company. Bank of America Corp DE raised its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.4% during the 1st quarter. Bank of America Corp DE now owns 610,879 shares of the company’s stock worth $32,028,000 after buying an additional 25,608 shares during the last quarter. Hartford Financial Management Inc. acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter worth $18,302,000. Goldstein Advisors LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter worth $14,166,000. Aprio Wealth Management LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the third quarter valued at about $14,048,000. Finally, Gerber Kawasaki Wealth & Investment Management purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the third quarter valued at about $10,882,000.
JPMorgan Diversified Return U.S. Small Cap Equity ETF Price Performance
JPMorgan Diversified Return U.S. Small Cap Equity ETF stock opened at $58.04 on Friday. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12 month low of $47.44 and a 12 month high of $61.27. The business has a 50 day simple moving average of $57.95 and a 200-day simple moving average of $56.89. The stock has a market capitalization of $580.40 million, a PE ratio of 15.86 and a beta of 1.00.
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.
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