JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Short Interest Update

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 12,998 shares, a decrease of 36.3% from the July 15th total of 20,401 shares. Based on an average daily trading volume, of 17,578 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of JPMorgan Diversified Return U.S. Small Cap Equity ETF

Hedge funds have recently bought and sold shares of the business. KWB Wealth boosted its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.8% during the 2nd quarter. KWB Wealth now owns 27,808 shares of the company’s stock worth $1,673,000 after purchasing an additional 479 shares during the last quarter. Sprinkle Financial Consultants LLC increased its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.8% in the second quarter. Sprinkle Financial Consultants LLC now owns 179,745 shares of the company’s stock valued at $10,815,000 after purchasing an additional 4,922 shares during the last quarter. Financial Solutions Advisory Group Inc. acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the first quarter valued at approximately $7,701,000. Ipsen Advisor Group LLC lifted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.3% during the first quarter. Ipsen Advisor Group LLC now owns 115,584 shares of the company’s stock worth $6,060,000 after buying an additional 2,556 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.4% during the first 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 in the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Performance

Shares of NYSEARCA JPSE traded down $0.71 during mid-day trading on Tuesday, reaching $60.28. The company’s stock had a trading volume of 9,154 shares, compared to its average volume of 27,106. The stock has a 50-day moving average of $59.73 and a two-hundred day moving average of $56.77. The stock has a market capitalization of $601.59 million, a P/E ratio of 15.86 and a beta of 0.99. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 1-year low of $47.44 and a 1-year high of $61.27.

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.