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 large growth in short interest in the month of June. As of June 15th, there was short interest totaling 11,756 shares, a growth of 71.5% from the May 31st total of 6,855 shares. Based on an average daily volume of 20,763 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the company’s shares are sold short.

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

NYSEARCA JPSE traded down $0.51 on Thursday, hitting $59.48. 30,739 shares of the company were exchanged, compared to its average volume of 28,798. The company’s 50 day moving average price is $58.10 and its 200-day moving average price is $54.90. The firm has a market capitalization of $590.64 million, a P/E ratio of 15.86 and a beta of 0.98. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a twelve month low of $44.85 and a twelve month high of $60.59.

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

A number of large investors have recently made changes to their positions in JPSE. Lodestone Wealth Management LLC acquired a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter worth approximately $33,000. Private Wealth Management Group LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter valued at $63,000. Horizon Investments LLC boosted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% in the fourth quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock worth $65,000 after buying an additional 804 shares during the period. Caldwell Trust Co acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter worth $65,000. Finally, N.E.W. Advisory Services LLC grew its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% during the fourth quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock valued at $143,000 after buying an additional 2,502 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.