JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Short Interest Update

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 4,095 shares, a growth of 192.7% from the May 31st total of 1,399 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 10,434 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Traub Capital Management LLC grew its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.9% during the 1st quarter. Traub Capital Management LLC now owns 4,270 shares of the company’s stock worth $489,000 after acquiring an additional 120 shares during the last quarter. MAI Capital Management raised its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 48.4% during the third quarter. MAI Capital Management now owns 408 shares of the company’s stock valued at $44,000 after acquiring an additional 133 shares during the last quarter. Luts & Greenleigh Group Inc. raised its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 5.4% during the first quarter. Luts & Greenleigh Group Inc. now owns 2,593 shares of the company’s stock valued at $297,000 after acquiring an additional 134 shares during the last quarter. Kestra Private Wealth Services LLC lifted its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 5.3% during the first quarter. Kestra Private Wealth Services LLC now owns 3,407 shares of the company’s stock worth $390,000 after purchasing an additional 173 shares during the period. Finally, StoneX Group Inc. lifted its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 8.0% during the fourth quarter. StoneX Group Inc. now owns 2,638 shares of the company’s stock worth $287,000 after purchasing an additional 195 shares during the period.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Up 0.1%

Shares of JPME stock traded up $0.17 during mid-day trading on Friday, reaching $124.73. 5,724 shares of the stock traded hands, compared to its average volume of 12,456. The company has a market cap of $449.03 million, a price-to-earnings ratio of 17.00 and a beta of 0.88. The stock’s fifty day simple moving average is $121.69 and its two-hundred day simple moving average is $116.81. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 1-year low of $102.87 and a 1-year high of $126.00.

About JPMorgan Diversified Return U.S. Mid Cap Equity ETF

The JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of mid-cap US stocks selected using relative value, momentum and quality factors, and for equal risk contribution by sector. JPME was launched on May 11, 2016 and is managed by JPMorgan Chase.