Short Interest in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Decreases By 54.8%

JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 3,207 shares, a decline of 54.8% from the May 31st total of 7,096 shares. Based on an average daily volume of 19,446 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Aptus Capital Advisors LLC grew its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 475.0% in the 4th quarter. Aptus Capital Advisors LLC now owns 575 shares of the company’s stock valued at $35,000 after acquiring an additional 475 shares during the period. Richards Merrill & Peterson Inc. purchased a new position in JPMorgan Diversified Return Emerging Markets Equity ETF during the first quarter valued at $53,000. CWM LLC purchased a new position in JPMorgan Diversified Return Emerging Markets Equity ETF during the fourth quarter valued at $59,000. Farther Finance Advisors LLC grew its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 126.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,248 shares of the company’s stock valued at $76,000 after purchasing an additional 696 shares during the period. Finally, First Horizon Corp acquired a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the fourth quarter valued at about $83,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance

NYSEARCA JPEM traded down $0.06 during trading hours on Tuesday, reaching $62.78. The company’s stock had a trading volume of 20,889 shares, compared to its average volume of 25,402. The firm has a market capitalization of $376.68 million, a price-to-earnings ratio of 11.40 and a beta of 0.46. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1-year low of $55.48 and a 1-year high of $67.40. The company’s 50-day moving average is $64.61 and its two-hundred day moving average is $63.79.

About JPMorgan Diversified Return Emerging Markets Equity ETF

The JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market equities, selected by multiple factors. Stocks are weighted by market cap and inversely by risk relative to geographic and sector groupings. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.