Short Interest in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Decreases By 74.6%

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 4,161 shares, a drop of 74.6% from the February 12th total of 16,404 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 25,723 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 25,723 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. MAI Capital Management boosted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 48.4% during the third quarter. MAI Capital Management now owns 408 shares of the company’s stock valued at $44,000 after buying an additional 133 shares during the last quarter. StoneX Group Inc. raised its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 8.0% in the 4th quarter. StoneX Group Inc. now owns 2,638 shares of the company’s stock worth $287,000 after buying an additional 195 shares during the last quarter. Journey Strategic Wealth LLC lifted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 3.2% during the 2nd quarter. Journey Strategic Wealth LLC now owns 10,729 shares of the company’s stock valued at $1,113,000 after acquiring an additional 328 shares during the period. Luts & Greenleigh Group Inc. boosted its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 20.2% during the 4th quarter. Luts & Greenleigh Group Inc. now owns 2,459 shares of the company’s stock valued at $267,000 after acquiring an additional 413 shares during the last quarter. Finally, LWM Advisory Services LLC boosted its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.8% during the 3rd quarter. LWM Advisory Services LLC now owns 15,500 shares of the company’s stock valued at $1,681,000 after acquiring an additional 423 shares during the last quarter.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Price Performance

NYSEARCA JPME traded up $0.68 during mid-day trading on Friday, reaching $114.41. The stock had a trading volume of 578 shares, compared to its average volume of 11,054. The stock has a market cap of $406.16 million, a PE ratio of 17.00 and a beta of 0.95. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 1 year low of $87.85 and a 1 year high of $120.06. The company has a fifty day moving average price of $115.33 and a 200 day moving average price of $110.67.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Company Profile

The JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of mid-cap US stocks selected using relative value, momentum and quality factors, and for equal risk contribution by sector. JPME was launched on May 11, 2016 and is managed by JPMorgan Chase.