JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Short Interest Down 94.1% in July

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 48 shares, a decrease of 94.1% from the June 30th total of 807 shares. Based on an average daily volume of 459 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

JPMorgan Active Small Cap Value ETF Stock Performance

Shares of JPMorgan Active Small Cap Value ETF stock traded up $0.77 on Friday, hitting $69.73. 268 shares of the company traded hands, compared to its average volume of 633. JPMorgan Active Small Cap Value ETF has a 52 week low of $55.37 and a 52 week high of $70.13. The business has a 50-day simple moving average of $66.76 and a 200 day simple moving average of $63.06. The stock has a market capitalization of $27.89 million, a P/E ratio of 15.78 and a beta of 0.83.

Institutional Trading of JPMorgan Active Small Cap Value ETF

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