JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Short Interest Down 39.8% in August

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 11,546 shares, a decrease of 39.8% from the August 15th total of 19,181 shares. Based on an average trading volume of 14,193 shares, the short-interest ratio is currently 0.8 days. Currently, 0.1% of the company’s stock are sold short.

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

Shares of NYSEARCA:JPSE traded down $0.42 during trading hours on Friday, hitting $57.60. The company’s stock had a trading volume of 4,143 shares, compared to its average volume of 25,575. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 52 week low of $47.44 and a 52 week high of $61.27. The company has a market capitalization of $574.86 million, a price-to-earnings ratio of 15.86 and a beta of 0.98. The firm’s fifty day moving average price is $59.67 and its 200 day moving average price is $57.52.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE lifted its position in shares of 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 valued at $32,028,000 after buying an additional 25,608 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 7.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 207,636 shares of the company’s stock worth $10,397,000 after buying an additional 14,994 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management grew its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.4% in the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 195,859 shares of the company’s stock worth $9,807,000 after buying an additional 2,784 shares during the last quarter. Appleton Partners Inc. MA raised its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 0.4% during the 1st quarter. Appleton Partners Inc. MA now owns 190,724 shares of the company’s stock worth $10,000,000 after acquiring an additional 712 shares in the last quarter. Finally, Sprinkle Financial Consultants LLC raised its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.8% during the 2nd quarter. Sprinkle Financial Consultants LLC now owns 179,745 shares of the company’s stock worth $10,815,000 after acquiring an additional 4,922 shares in the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Company Profile

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.