JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Sees Significant Decrease in Short Interest

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 12,998 shares, a decline of 36.3% from the July 15th total of 20,401 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 17,578 shares, the short-interest ratio is presently 0.7 days.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Up 0.2%

Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF stock opened at $60.41 on Thursday. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 52 week low of $47.44 and a 52 week high of $61.27. The stock has a market cap of $602.89 million, a PE ratio of 15.86 and a beta of 0.99. The company’s 50-day moving average price is $59.78 and its two-hundred day moving average price is $56.82.

Institutional Trading of JPMorgan Diversified Return U.S. Small Cap Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. KWB Wealth grew its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.8% in the second quarter. KWB Wealth now owns 27,808 shares of the company’s stock worth $1,673,000 after buying an additional 479 shares during the last quarter. Sprinkle Financial Consultants LLC lifted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.8% during the 2nd quarter. Sprinkle Financial Consultants LLC now owns 179,745 shares of the company’s stock valued at $10,815,000 after acquiring an additional 4,922 shares during the last quarter. Financial Solutions Advisory Group Inc. bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 1st quarter worth $7,701,000. Ipsen Advisor Group LLC boosted its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.3% during the 1st quarter. Ipsen Advisor Group LLC now owns 115,584 shares of the company’s stock worth $6,060,000 after acquiring an additional 2,556 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.4% in the 1st quarter. Bank of America Corp DE now owns 610,879 shares of the company’s stock worth $32,028,000 after acquiring an additional 25,608 shares during the last quarter.

About JPMorgan Diversified Return U.S. Small Cap Equity ETF

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.