Short Interest in JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Rises By 29.8%

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) saw a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 6,646 shares, a growth of 29.8% from the February 26th total of 5,121 shares. Based on an average trading volume of 7,068 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.2% of the shares of the company are short sold.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in JPUS. Jane Street Group LLC raised its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 146.4% in the first quarter. Jane Street Group LLC now owns 12,283 shares of the company’s stock worth $1,415,000 after acquiring an additional 7,298 shares during the period. PNC Financial Services Group Inc. acquired a new stake in shares of JPMorgan Diversified Return U.S. Equity ETF during the 2nd quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 112.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 948 shares of the company’s stock valued at $112,000 after purchasing an additional 502 shares in the last quarter. Raymond James Financial Inc. raised its holdings in JPMorgan Diversified Return U.S. Equity ETF by 8.5% in the 2nd quarter. Raymond James Financial Inc. now owns 41,068 shares of the company’s stock worth $4,854,000 after purchasing an additional 3,231 shares during the period. Finally, Captrust Financial Advisors raised its holdings in JPMorgan Diversified Return U.S. Equity ETF by 2.1% in the 2nd quarter. Captrust Financial Advisors now owns 213,423 shares of the company’s stock worth $25,225,000 after purchasing an additional 4,352 shares during the period.

JPMorgan Diversified Return U.S. Equity ETF Trading Down 0.3%

JPMorgan Diversified Return U.S. Equity ETF stock traded down $0.41 during mid-day trading on Monday, hitting $128.06. The company had a trading volume of 3,298 shares, compared to its average volume of 7,688. The company has a market capitalization of $396.99 million, a price-to-earnings ratio of 17.74 and a beta of 0.87. JPMorgan Diversified Return U.S. Equity ETF has a 12-month low of $101.63 and a 12-month high of $137.48. The company’s fifty day moving average is $132.19 and its 200-day moving average is $126.91.

JPMorgan Diversified Return U.S. Equity ETF Company Profile

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.