JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Short Interest Down 61.3% in March

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 890 shares, a decline of 61.3% from the March 15th total of 2,297 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 15,074 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. MAI Capital Management increased its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 48.4% in the 3rd quarter. MAI Capital Management now owns 408 shares of the company’s stock worth $44,000 after purchasing an additional 133 shares in the last quarter. StoneX Group Inc. increased its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 8.0% in the 4th quarter. StoneX Group Inc. now owns 2,638 shares of the company’s stock worth $287,000 after purchasing an additional 195 shares in the last quarter. Luts & Greenleigh Group Inc. increased its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 20.2% in the 4th quarter. Luts & Greenleigh Group Inc. now owns 2,459 shares of the company’s stock worth $267,000 after purchasing an additional 413 shares in the last quarter. LWM Advisory Services LLC increased its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.8% in the 3rd quarter. LWM Advisory Services LLC now owns 15,500 shares of the company’s stock worth $1,681,000 after purchasing an additional 423 shares in the last quarter. Finally, Stonehaven Wealth & Tax Solutions LLC increased its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.7% in the 4th quarter. Stonehaven Wealth & Tax Solutions LLC now owns 22,717 shares of the company’s stock worth $2,468,000 after purchasing an additional 595 shares in the last quarter.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Trading Up 0.1%

NYSEARCA:JPME traded up $0.17 during trading hours on Tuesday, reaching $118.98. 5,859 shares of the company traded hands, compared to its average volume of 13,215. The business’s 50-day moving average price is $116.43 and its two-hundred day moving average price is $111.76. The stock has a market capitalization of $422.38 million, a P/E ratio of 17.00 and a beta of 0.92. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 1 year low of $92.37 and a 1 year high of $120.06.

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

The JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of mid-cap US stocks selected using relative value, momentum and quality factors, and for equal risk contribution by sector. JPME was launched on May 11, 2016 and is managed by JPMorgan Chase.