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 recipient of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 10,425 shares, a decrease of 41.9% from the February 12th total of 17,935 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 24,717 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 24,717 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Down 1.1%

Shares of JPSE traded down $0.59 during midday trading on Thursday, reaching $52.03. 2,282 shares of the stock were exchanged, compared to its average volume of 23,175. The stock’s 50 day simple moving average is $53.65 and its 200 day simple moving average is $51.30. The company has a market cap of $528.10 million, a P/E ratio of 15.86 and a beta of 1.04. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a twelve month low of $37.66 and a twelve month high of $55.40.

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

Hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers raised its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 7.8% during the second quarter. Cetera Investment Advisers now owns 51,050 shares of the company’s stock valued at $2,322,000 after purchasing an additional 3,673 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 22.1% in the second quarter. Kingsview Wealth Management LLC now owns 104,901 shares of the company’s stock worth $4,772,000 after acquiring an additional 19,002 shares during the last quarter. J.W. Cole Advisors Inc. bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 2nd quarter valued at approximately $736,000. Northwestern Mutual Wealth Management Co. lifted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 16.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 190,340 shares of the company’s stock valued at $8,658,000 after purchasing an additional 26,569 shares during the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management boosted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.8% in the second quarter. Gerber Kawasaki Wealth & Investment Management now owns 188,962 shares of the company’s stock valued at $8,596,000 after buying an additional 3,305 shares in the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Company Profile

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.