JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Short Interest Down 21.8% in February

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 6,531 shares, a decline of 21.8% from the January 29th total of 8,349 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 5,191 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily volume of 5,191 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.2% of the company’s shares are short sold.

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

Several large investors have recently made changes to their positions in JPUS. AQR Capital Management LLC increased its holdings in JPMorgan Diversified Return U.S. Equity ETF by 0.7% during the 4th quarter. AQR Capital Management LLC now owns 12,676 shares of the company’s stock worth $1,571,000 after purchasing an additional 85 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 3.8% in the fourth quarter. Cetera Investment Advisers now owns 3,409 shares of the company’s stock valued at $422,000 after purchasing an additional 126 shares during the last quarter. Aptus Capital Advisors LLC lifted its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 9.3% in 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 in the last quarter. RHS Financial LLC lifted its position 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 in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in JPMorgan Diversified Return U.S. Equity ETF by 6.6% during the third quarter. Ameriprise Financial Inc. now owns 2,812 shares of the company’s stock worth $352,000 after purchasing an additional 174 shares during the last quarter.

JPMorgan Diversified Return U.S. Equity ETF Stock Performance

NYSEARCA:JPUS traded up $0.49 on Wednesday, reaching $135.67. The company’s stock had a trading volume of 4,384 shares, compared to its average volume of 7,707. JPMorgan Diversified Return U.S. Equity ETF has a 1-year low of $101.63 and a 1-year high of $137.48. The business’s 50-day moving average price is $130.66 and its two-hundred day moving average price is $125.87. The firm has a market cap of $420.58 million, a PE 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.