Short Interest in JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Expands By 29.8%

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 6,646 shares, a growth of 29.8% from the February 26th total of 5,121 shares. Based on an average daily volume of 7,068 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.2% of the company’s shares are sold short.

JPMorgan Diversified Return U.S. Equity ETF Stock Down 0.6%

Shares of JPUS traded down $0.79 during trading hours on Friday, reaching $128.47. 7,984 shares of the company traded hands, compared to its average volume of 7,764. The company’s fifty day moving average price is $132.21 and its two-hundred day moving average price is $126.89. The company has a market capitalization of $398.26 million, a price-to-earnings ratio of 17.74 and a beta of 0.87. JPMorgan Diversified Return U.S. Equity ETF has a 12 month low of $101.63 and a 12 month high of $137.48.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Equity ETF

Hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC raised its holdings in JPMorgan Diversified Return U.S. Equity ETF by 0.7% in the fourth quarter. AQR Capital Management LLC now owns 12,676 shares of the company’s stock worth $1,571,000 after purchasing an additional 85 shares in the last quarter. Cetera Investment Advisers boosted its stake in JPMorgan Diversified Return U.S. Equity ETF by 3.8% during the fourth quarter. Cetera Investment Advisers now owns 3,409 shares of the company’s stock worth $422,000 after acquiring an additional 126 shares in the last quarter. Aptus Capital Advisors LLC grew its holdings in JPMorgan Diversified Return U.S. Equity ETF by 9.3% in the third quarter. Aptus Capital Advisors LLC now owns 1,631 shares of the company’s stock worth $202,000 after purchasing an additional 139 shares during the period. RHS Financial LLC grew its holdings in JPMorgan Diversified Return U.S. Equity ETF by 1.6% in the fourth quarter. RHS Financial LLC now owns 10,842 shares of the company’s stock worth $1,344,000 after purchasing an additional 168 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 6.6% during the third quarter. Ameriprise Financial Inc. now owns 2,812 shares of the company’s stock valued at $352,000 after purchasing an additional 174 shares during the last quarter.

About JPMorgan Diversified Return U.S. Equity ETF

The JPMorgan Diversified Return U.S. Equity ETF (JPUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US stocks selected from the Russell 1000 using relative value, momentum, and quality factors. The fund is weighted for equal risk contribution at the sector level and holdings are equal-weighted within sectors. JPUS was launched on Sep 29, 2015 and is managed by JPMorgan Chase.