JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Short Interest Update

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 11,636 shares, a growth of 137.6% from the June 30th total of 4,897 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 10,906 shares, the short-interest ratio is currently 1.1 days.

JPMorgan Diversified Return U.S. Equity ETF Stock Down 0.8%

NYSEARCA JPUS traded down $1.22 during trading hours on Wednesday, reaching $142.39. 3,528 shares of the company were exchanged, compared to its average volume of 9,376. The stock has a market capitalization of $458.50 million, a P/E ratio of 17.74 and a beta of 0.80. JPMorgan Diversified Return U.S. Equity ETF has a 1 year low of $117.15 and a 1 year high of $143.90. The business’s 50 day simple moving average is $139.52 and its 200-day simple moving average is $135.25.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of JPUS. Bank of America Corp DE boosted its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 3.2% during the 3rd quarter. Bank of America Corp DE now owns 274,097 shares of the company’s stock valued at $33,963,000 after acquiring an additional 8,485 shares during the last quarter. Captrust Financial Advisors increased its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 2.1% in the fourth quarter. Captrust Financial Advisors now owns 224,867 shares of the company’s stock worth $27,871,000 after purchasing an additional 4,600 shares during the last quarter. UBS Group AG increased its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 0.4% in the fourth quarter. UBS Group AG now owns 131,985 shares of the company’s stock worth $16,359,000 after purchasing an additional 545 shares during the last quarter. Sterneck Capital Management LLC raised its stake in JPMorgan Diversified Return U.S. Equity ETF by 3.5% in the first quarter. Sterneck Capital Management LLC now owns 92,122 shares of the company’s stock valued at $11,995,000 after purchasing an additional 3,098 shares in the last quarter. Finally, LPL Financial LLC raised its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 8.8% during the 4th quarter. LPL Financial LLC now owns 69,305 shares of the company’s stock valued at $8,590,000 after buying an additional 5,577 shares in the last quarter.

About JPMorgan Diversified Return U.S. Equity ETF

The JPMorgan Diversified Return U.S. Equity ETF (JPUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US stocks selected from the Russell 1000 using relative value, momentum, and quality factors. The fund is weighted for equal risk contribution at the sector level and holdings are equal-weighted within sectors. JPUS was launched on Sep 29, 2015 and is managed by JPMorgan Chase.