Short Interest in JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Grows By 128.2%

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 1,837 shares, a growth of 128.2% from the December 15th total of 805 shares. Based on an average daily trading volume, of 894 shares, the short-interest ratio is presently 2.1 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 894 shares, the short-interest ratio is presently 2.1 days.

JPMorgan Active Small Cap Value ETF Price Performance

JPMorgan Active Small Cap Value ETF stock traded down $0.25 during midday trading on Wednesday, reaching $59.79. 519 shares of the company traded hands, compared to its average volume of 190. The firm has a market capitalization of $24.51 million, a price-to-earnings ratio of 15.78 and a beta of 0.98. The business has a 50 day moving average of $58.50 and a two-hundred day moving average of $58.26. JPMorgan Active Small Cap Value ETF has a 12 month low of $48.81 and a 12 month high of $60.85.

Institutional Investors Weigh In On JPMorgan Active Small Cap Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of JPSV. Geneos Wealth Management Inc. grew its stake in JPMorgan Active Small Cap Value ETF by 122.2% in the second quarter. Geneos Wealth Management Inc. now owns 125,844 shares of the company’s stock worth $7,088,000 after purchasing an additional 69,208 shares in the last quarter. Royal Bank of Canada raised its position 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 valued at $282,000 after purchasing an additional 345 shares in the last quarter. Finally, Citadel Advisors LLC lifted its holdings in shares of JPMorgan Active Small Cap Value ETF by 8.7% in the 3rd quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock worth $239,000 after buying an additional 325 shares during the period.

JPMorgan Active Small Cap Value ETF Company Profile

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.