JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Short Interest Update

JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 3,001 shares, a decrease of 51.3% from the April 15th total of 6,159 shares. Based on an average daily volume of 15,618 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Down 2.0%

JPMorgan Diversified Return Emerging Markets Equity ETF stock traded down $1.29 during trading on Friday, hitting $64.13. The stock had a trading volume of 14,208 shares, compared to its average volume of 28,375. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1 year low of $54.39 and a 1 year high of $67.40. The stock’s 50 day moving average is $63.80 and its two-hundred day moving average is $62.92. The stock has a market cap of $384.78 million, a price-to-earnings ratio of 11.40 and a beta of 0.47.

Hedge Funds Weigh In On JPMorgan Diversified Return Emerging Markets Equity ETF

Several institutional investors have recently bought and sold shares of JPEM. Royal Bank of Canada lifted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 6.1% in the first quarter. Royal Bank of Canada now owns 25,377 shares of the company’s stock valued at $1,338,000 after purchasing an additional 1,465 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 19.9% in the second quarter. JPMorgan Chase & Co. now owns 90,615 shares of the company’s stock valued at $5,112,000 after purchasing an additional 15,043 shares during the last quarter. Marshall Wace LLP lifted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 1,848.5% in the second quarter. Marshall Wace LLP now owns 87,740 shares of the company’s stock valued at $4,949,000 after purchasing an additional 83,237 shares during the last quarter. Raymond James Financial Inc. lifted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 0.8% in the second quarter. Raymond James Financial Inc. now owns 91,511 shares of the company’s stock valued at $5,162,000 after purchasing an additional 736 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 4.1% in the second quarter. Ameriprise Financial Inc. now owns 96,362 shares of the company’s stock valued at $5,436,000 after purchasing an additional 3,832 shares during the last quarter.

About JPMorgan Diversified Return Emerging Markets Equity ETF

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.