JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Short Interest Down 78.7% in June

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 88 shares, a decline of 78.7% from the May 31st total of 413 shares. Based on an average daily volume of 282 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

JPMorgan Active Small Cap Value ETF Stock Performance

Shares of NYSEARCA JPSV traded up $0.77 during trading on Friday, hitting $69.05. The company had a trading volume of 3,203 shares, compared to its average volume of 669. JPMorgan Active Small Cap Value ETF has a 12 month low of $55.37 and a 12 month high of $69.05. The stock has a 50 day simple moving average of $64.49 and a 200 day simple moving average of $61.68. The firm has a market capitalization of $27.62 million, a P/E ratio of 15.78 and a beta of 0.87.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Royal Bank of Canada boosted its stake in JPMorgan Active Small Cap Value ETF by 6.6% in the fourth quarter. Royal Bank of Canada now owns 3,219 shares of the company’s stock valued at $187,000 after acquiring an additional 198 shares in the last quarter. Citadel Advisors LLC grew its stake in JPMorgan Active Small Cap Value ETF by 8.7% during the 3rd quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock worth $239,000 after buying an additional 325 shares during the last quarter. Opal Capital LLC acquired a new position in JPMorgan Active Small Cap Value ETF during the 4th quarter valued at about $359,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of JPMorgan Active Small Cap Value ETF by 7.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 149,251 shares of the company’s stock worth $8,658,000 after acquiring an additional 10,007 shares during the last quarter.

About JPMorgan Active Small Cap Value ETF

The JPMorgan Active Small Cap Value ETF (JPSV) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively managed, non-transparent ETF that provides exposure to US small-cap value stocks. The fund utilizes the Natixis\u002FNYSE proxy portfolio model JPSV was launched on Mar 7, 2023 and is managed by JPMorgan Chase.