JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Short Interest Update

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 7,025 shares, a growth of 106.3% from the April 15th total of 3,405 shares. Based on an average daily volume of 8,348 shares, the short-interest ratio is currently 0.8 days. Currently, 0.2% of the shares of the stock are short sold.

JPMorgan Diversified Return U.S. Equity ETF Trading Up 0.3%

Shares of NYSEARCA:JPUS traded up $0.34 during trading on Monday, reaching $134.50. The company’s stock had a trading volume of 3,472 shares, compared to its average volume of 10,291. JPMorgan Diversified Return U.S. Equity ETF has a 12 month low of $113.95 and a 12 month high of $137.80. The firm’s 50 day simple moving average is $133.38 and its two-hundred day simple moving average is $129.53. The stock has a market capitalization of $433.09 million, a PE ratio of 17.74 and a beta of 0.82.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of JPUS. Wealth Enhancement Trust Services Inc. bought a new position in JPMorgan Diversified Return U.S. Equity ETF during the 4th quarter valued at about $770,000. Jones Financial Companies Lllp lifted its stake in JPMorgan Diversified Return U.S. Equity ETF by 40.3% in the third quarter. Jones Financial Companies Lllp now owns 38,193 shares of the company’s stock worth $4,711,000 after purchasing an additional 10,980 shares during the last quarter. Birchwood Financial Partners Inc. purchased a new position in shares of JPMorgan Diversified Return U.S. Equity ETF during the fourth quarter valued at approximately $190,000. NewEdge Advisors LLC grew its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 74.1% during the fourth quarter. NewEdge Advisors LLC now owns 10,847 shares of the company’s stock valued at $1,344,000 after buying an additional 4,615 shares during the last quarter. Finally, AQR Capital Management LLC grew its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 0.7% during the fourth quarter. AQR Capital Management LLC now owns 12,676 shares of the company’s stock valued at $1,571,000 after buying an additional 85 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.