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

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 6,493 shares, a decrease of 49.5% from the May 14th total of 12,854 shares. Based on an average daily trading volume, of 7,447 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the company’s stock are short sold.

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

Several hedge funds and other institutional investors have recently bought and sold shares of JPUS. Jane Street Group LLC grew its position in JPMorgan Diversified Return U.S. Equity ETF by 146.4% in the 1st quarter. Jane Street Group LLC now owns 12,283 shares of the company’s stock worth $1,415,000 after purchasing an additional 7,298 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in JPMorgan Diversified Return U.S. Equity ETF by 112.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 948 shares of the company’s stock valued at $112,000 after purchasing an additional 502 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in JPMorgan Diversified Return U.S. Equity ETF by 8.5% during the 2nd quarter. Raymond James Financial Inc. now owns 41,068 shares of the company’s stock valued at $4,854,000 after purchasing an additional 3,231 shares during the last quarter. Captrust Financial Advisors lifted its holdings in JPMorgan Diversified Return U.S. Equity ETF by 2.1% during the 2nd quarter. Captrust Financial Advisors now owns 213,423 shares of the company’s stock valued at $25,225,000 after purchasing an additional 4,352 shares during the last quarter. Finally, Envestnet Asset Management Inc. bought a new position in JPMorgan Diversified Return U.S. Equity ETF during the 3rd quarter valued at about $233,000.

JPMorgan Diversified Return U.S. Equity ETF Trading Up 1.0%

JPMorgan Diversified Return U.S. Equity ETF stock opened at $140.59 on Friday. The company has a market capitalization of $452.70 million, a P/E ratio of 17.74 and a beta of 0.81. The firm’s fifty day simple moving average is $136.00 and its 200-day simple moving average is $131.60. JPMorgan Diversified Return U.S. Equity ETF has a 1-year low of $116.05 and a 1-year high of $140.59.

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.