JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Sees Significant Increase in Short Interest

JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 16,644 shares, a growth of 79.1% from the February 26th total of 9,293 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 22,934 shares, the short-interest ratio is presently 0.7 days.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:JPEM traded down $0.34 during trading on Friday, reaching $60.17. 19,299 shares of the stock were exchanged, compared to its average volume of 35,276. The firm’s 50-day moving average price is $64.27 and its 200 day moving average price is $61.63. The firm has a market cap of $373.05 million, a price-to-earnings ratio of 11.40 and a beta of 0.52. JPMorgan Diversified Return Emerging Markets Equity ETF has a 12-month low of $47.92 and a 12-month high of $67.40.

Institutional Investors Weigh In On JPMorgan Diversified Return Emerging Markets Equity ETF

Several institutional investors have recently bought and sold shares of the business. Accel Wealth Management boosted its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 118.4% during the 3rd quarter. Accel Wealth Management now owns 34,927 shares of the company’s stock worth $2,061,000 after purchasing an additional 18,938 shares during the period. CW Advisors LLC acquired a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF in the 2nd quarter valued at $4,360,000. Avestar Capital LLC raised its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 27.7% in the second quarter. Avestar Capital LLC now owns 66,980 shares of the company’s stock valued at $3,779,000 after purchasing an additional 14,548 shares during the period. Tactive Advisors LLC lifted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 33.9% during the fourth quarter. Tactive Advisors LLC now owns 131,424 shares of the company’s stock worth $7,981,000 after purchasing an additional 33,291 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 24.8% during the third quarter. Kingsview Wealth Management LLC now owns 44,651 shares of the company’s stock worth $2,634,000 after purchasing an additional 8,861 shares in the last quarter.

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.