JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV – Get Free Report) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 36 shares, a drop of 93.9% from the August 15th total of 592 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 855 shares, the days-to-cover ratio is presently 0.0 days.
JPMorgan Active Small Cap Value ETF Trading Up 0.4%
Shares of NYSEARCA JPSV traded up $0.30 during trading hours on Friday, reaching $68.54. The stock had a trading volume of 113 shares, compared to its average volume of 625. The firm has a market cap of $27.42 million, a price-to-earnings ratio of 15.78 and a beta of 0.82. The business’s fifty day moving average price is $69.90 and its two-hundred day moving average price is $65.31. JPMorgan Active Small Cap Value ETF has a 52-week low of $55.67 and a 52-week high of $72.05.
Institutional Investors Weigh In On JPMorgan Active Small Cap Value ETF
Several hedge funds have recently made changes to their positions in the company. Royal Bank of Canada increased its stake in shares of JPMorgan Active Small Cap Value ETF by 6.6% during the fourth quarter. Royal Bank of Canada now owns 3,219 shares of the company’s stock valued at $187,000 after buying an additional 198 shares during the period. Citadel Advisors LLC lifted its stake in 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 acquiring an additional 325 shares during the period. Finally, Opal Capital LLC bought a new position in JPMorgan Active Small Cap Value ETF during the 4th quarter worth about $359,000.
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.
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