JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Short Interest Update

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the target of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 10,425 shares, a decline of 41.9% from the February 12th total of 17,935 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 24,717 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 24,717 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Price Performance

Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF stock traded down $0.59 during trading on Thursday, reaching $52.03. 2,282 shares of the company traded hands, compared to its average volume of 23,175. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 1-year low of $37.66 and a 1-year high of $55.40. The firm has a market capitalization of $528.10 million, a PE ratio of 15.86 and a beta of 1.04. The company has a 50 day moving average price of $53.65 and a 200-day moving average price of $51.30.

Hedge Funds Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF

Several institutional investors have recently bought and sold shares of the company. LPL Financial LLC grew its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.5% during the 4th quarter. LPL Financial LLC now owns 900,097 shares of the company’s stock worth $45,071,000 after acquiring an additional 38,838 shares during the period. Bank of America Corp DE increased its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.0% in the third quarter. Bank of America Corp DE now owns 577,634 shares of the company’s stock worth $28,772,000 after purchasing an additional 5,722 shares in the last quarter. Hartford Financial Management Inc. raised its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 3.9% in the fourth quarter. Hartford Financial Management Inc. now owns 333,388 shares of the company’s stock valued at $16,694,000 after purchasing an additional 12,394 shares during the period. Aprio Wealth Management LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter worth $15,540,000. Finally, Royal Bank of Canada increased its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.1% during the fourth quarter. Royal Bank of Canada now owns 308,209 shares of the company’s stock valued at $15,434,000 after buying an additional 6,358 shares during the period.

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.