JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM – Get Free Report) was the target of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 9,293 shares, a drop of 17.6% from the February 12th total of 11,276 shares. Based on an average daily trading volume, of 22,230 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 22,230 shares, the short-interest ratio is currently 0.4 days.
Institutional Trading of JPMorgan Diversified Return Emerging Markets Equity ETF
A number of institutional investors and hedge funds have recently bought and sold shares of JPEM. Edge Financial Advisors LLC lifted its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 0.9% during the fourth quarter. Edge Financial Advisors LLC now owns 18,717 shares of the company’s stock worth $1,137,000 after purchasing an additional 166 shares in the last quarter. Barnes Pettey Financial Advisors LLC grew its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 3.1% in the second quarter. Barnes Pettey Financial Advisors LLC now owns 8,056 shares of the company’s stock valued at $454,000 after purchasing an additional 239 shares in the last quarter. Equitable Holdings Inc. increased its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 4.5% during the 3rd quarter. Equitable Holdings Inc. now owns 7,672 shares of the company’s stock worth $453,000 after buying an additional 328 shares during the period. Potentia Wealth increased its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 3.6% during the 2nd quarter. Potentia Wealth now owns 10,173 shares of the company’s stock worth $574,000 after buying an additional 358 shares during the period. Finally, Tiemann Investment Advisors LLC lifted its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 1.0% during the 4th quarter. Tiemann Investment Advisors LLC now owns 37,457 shares of the company’s stock worth $2,275,000 after buying an additional 365 shares in the last quarter.
JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance
Shares of JPEM stock traded up $0.79 on Monday, hitting $62.66. The stock had a trading volume of 7,639 shares, compared to its average volume of 26,549. The company’s 50 day moving average price is $64.46 and its 200-day moving average price is $61.46. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1 year low of $47.92 and a 1 year high of $67.40. The firm has a market capitalization of $388.49 million, a P/E ratio of 11.40 and a beta of 0.52.
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.
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