JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Short Interest Down 54.8% in June

JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 3,207 shares, a drop of 54.8% from the May 31st total of 7,096 shares. Based on an average daily volume of 19,446 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On JPMorgan Diversified Return Emerging Markets Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of JPEM. Edge Financial Advisors LLC increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 0.9% during the fourth quarter. Edge Financial Advisors LLC now owns 18,717 shares of the company’s stock valued at $1,137,000 after buying an additional 166 shares during the period. Equitable Holdings Inc. boosted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 4.5% during the 3rd quarter. Equitable Holdings Inc. now owns 7,672 shares of the company’s stock valued at $453,000 after purchasing an additional 328 shares in the last quarter. Tiemann Investment Advisors LLC increased its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1.0% during the fourth quarter. Tiemann Investment Advisors LLC now owns 37,457 shares of the company’s stock valued at $2,275,000 after buying an additional 365 shares during the period. LOM Asset Management Ltd raised its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 15.1% in the fourth quarter. LOM Asset Management Ltd now owns 3,055 shares of the company’s stock worth $186,000 after buying an additional 400 shares in the last quarter. Finally, Aptus Capital Advisors LLC raised its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 475.0% in the fourth quarter. Aptus Capital Advisors LLC now owns 575 shares of the company’s stock worth $35,000 after buying an additional 475 shares in the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance

JPMorgan Diversified Return Emerging Markets Equity ETF stock traded down $0.46 during trading hours on Wednesday, reaching $62.32. The stock had a trading volume of 100,351 shares, compared to its average volume of 26,006. The stock has a market cap of $373.92 million, a PE ratio of 11.40 and a beta of 0.46. The company has a fifty day simple moving average of $64.61 and a 200-day simple moving average of $63.79. JPMorgan Diversified Return Emerging Markets Equity ETF has a 52 week low of $55.48 and a 52 week high of $67.40.

About JPMorgan Diversified Return Emerging Markets Equity ETF

The JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market equities, selected by multiple factors. Stocks are weighted by market cap and inversely by risk relative to geographic and sector groupings. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.