JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Sees Large Drop in Short Interest

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) saw a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 5,121 shares, a decrease of 21.6% from the February 12th total of 6,531 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 6,396 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 6,396 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Equity ETF

Several institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 0.7% in the fourth quarter. AQR Capital Management LLC now owns 12,676 shares of the company’s stock valued at $1,571,000 after acquiring an additional 85 shares during the period. Cetera Investment Advisers boosted its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 3.8% during the fourth quarter. Cetera Investment Advisers now owns 3,409 shares of the company’s stock worth $422,000 after purchasing an additional 126 shares during the period. Aptus Capital Advisors LLC boosted its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 9.3% during the third quarter. Aptus Capital Advisors LLC now owns 1,631 shares of the company’s stock worth $202,000 after purchasing an additional 139 shares during the period. RHS Financial LLC grew its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 1.6% in the fourth quarter. RHS Financial LLC now owns 10,842 shares of the company’s stock worth $1,344,000 after purchasing an additional 168 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in JPMorgan Diversified Return U.S. Equity ETF by 6.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,812 shares of the company’s stock valued at $352,000 after purchasing an additional 174 shares during the period.

JPMorgan Diversified Return U.S. Equity ETF Price Performance

JPMorgan Diversified Return U.S. Equity ETF stock traded up $0.59 during trading hours on Tuesday, reaching $131.73. The company had a trading volume of 6,539 shares, compared to its average volume of 7,726. JPMorgan Diversified Return U.S. Equity ETF has a 12-month low of $101.63 and a 12-month high of $137.48. The company has a 50-day moving average price of $131.82 and a 200 day moving average price of $126.47. The firm has a market cap of $408.36 million, a price-to-earnings ratio of 17.74 and a beta of 0.87.

About JPMorgan Diversified Return U.S. Equity ETF

The JPMorgan Diversified Return U.S. Equity ETF (JPUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US stocks selected from the Russell 1000 using relative value, momentum, and quality factors. The fund is weighted for equal risk contribution at the sector level and holdings are equal-weighted within sectors. JPUS was launched on Sep 29, 2015 and is managed by JPMorgan Chase.