JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Sees Significant Decrease in Short Interest

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 88 shares, a drop of 78.7% from the May 31st total of 413 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 282 shares, the short-interest ratio is currently 0.3 days.

JPMorgan Active Small Cap Value ETF Price Performance

JPSV traded up $0.77 on Friday, reaching $69.05. 3,203 shares of the stock were exchanged, compared to its average volume of 669. The company’s 50-day moving average price is $64.49 and its 200 day moving average price is $61.68. The firm has a market capitalization of $27.62 million, a PE ratio of 15.78 and a beta of 0.87. JPMorgan Active Small Cap Value ETF has a fifty-two week low of $55.37 and a fifty-two week high of $69.05.

Hedge Funds Weigh In On JPMorgan Active Small Cap Value ETF

A number of institutional investors have recently modified their holdings of JPSV. Geneos Wealth Management Inc. lifted its holdings in shares of 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 buying an additional 10,007 shares during the period. Opal Capital LLC acquired a new stake in JPMorgan Active Small Cap Value ETF during the fourth quarter worth about $359,000. Royal Bank of Canada raised its position in JPMorgan Active Small Cap Value ETF by 7.3% during the first quarter. Royal Bank of Canada now owns 5,097 shares of the company’s stock valued at $282,000 after acquiring an additional 345 shares in the last quarter. Finally, Citadel Advisors LLC raised its position in JPMorgan Active Small Cap Value ETF by 8.7% during the third quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock valued at $239,000 after acquiring an additional 325 shares in the last quarter.

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.