Short Interest in JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Increases By 817.0%

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 807 shares, an increase of 817.0% from the June 15th total of 88 shares. Based on an average daily volume of 671 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On JPMorgan Active Small Cap Value ETF

A number of institutional investors and hedge funds have recently made changes to their positions in JPSV. Geneos Wealth Management Inc. lifted its position in JPMorgan Active Small Cap Value ETF by 7.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 149,251 shares of the company’s stock valued at $8,658,000 after acquiring an additional 10,007 shares in the last quarter. Opal Capital LLC acquired a new position in JPMorgan Active Small Cap Value ETF during the 4th quarter valued at about $359,000. Royal Bank of Canada increased its holdings in JPMorgan Active Small Cap Value ETF by 7.3% during the 1st quarter. Royal Bank of Canada now owns 5,097 shares of the company’s stock worth $282,000 after purchasing an additional 345 shares in the last quarter. Finally, Citadel Advisors LLC raised its stake in shares of JPMorgan Active Small Cap Value ETF by 8.7% in the third quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock worth $239,000 after purchasing an additional 325 shares during the last quarter.

JPMorgan Active Small Cap Value ETF Stock Up 0.3%

JPSV traded up $0.20 during trading on Friday, hitting $68.44. 765 shares of the company’s stock were exchanged, compared to its average volume of 658. The business’s 50 day moving average is $65.58 and its two-hundred day moving average is $62.32. JPMorgan Active Small Cap Value ETF has a fifty-two week low of $55.37 and a fifty-two week high of $69.35. The stock has a market cap of $26.69 million, a P/E ratio of 15.78 and a beta of 0.83.

About JPMorgan Active Small Cap Value ETF

The JPMorgan Active Small Cap Value ETF (JPSV) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively managed, non-transparent ETF that provides exposure to US small-cap value stocks. The fund utilizes the Natixis\u002FNYSE proxy portfolio model JPSV was launched on Mar 7, 2023 and is managed by JPMorgan Chase.