JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE – Get Free Report) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 8,682 shares, a decline of 44.2% from the September 15th total of 15,555 shares. Based on an average daily trading volume, of 15,821 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.
Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF
Hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE grew its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.4% during 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. Goldstein Advisors LLC purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the third quarter worth about $14,166,000. Sprinkle Financial Consultants LLC boosted its position in 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 in the last quarter. Appleton Partners Inc. MA raised its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 0.4% in the 1st quarter. Appleton Partners Inc. MA now owns 190,724 shares of the company’s stock worth $10,000,000 after acquiring an additional 712 shares in the last quarter. Finally, Financial Solutions Advisory Group Inc. purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the first quarter worth $7,701,000.
JPMorgan Diversified Return U.S. Small Cap Equity ETF Price Performance
Shares of NYSEARCA:JPSE traded down $0.28 on Friday, hitting $56.55. The company’s stock had a trading volume of 8,322 shares, compared to its average volume of 24,618. The company has a 50-day simple moving average of $58.62 and a 200 day simple moving average of $58.14. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 1 year low of $47.44 and a 1 year high of $61.27. The company has a market capitalization of $565.50 million, a PE ratio of 15.86 and a beta of 1.00.
JPMorgan Diversified Return U.S. Small Cap Equity ETF Company Profile
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.
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