JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Short Interest Up 877.1% in July

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 469 shares, an increase of 877.1% from the July 15th total of 48 shares. Based on an average trading volume of 491 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On JPMorgan Active Small Cap Value ETF

Several hedge funds have recently modified their holdings of JPSV. Royal Bank of Canada increased its stake in shares of JPMorgan Active Small Cap Value ETF by 6.6% during the 4th quarter. Royal Bank of Canada now owns 3,219 shares of the company’s stock worth $187,000 after purchasing an additional 198 shares during the last quarter. Citadel Advisors LLC increased its position in JPMorgan Active Small Cap Value ETF by 8.7% during the third quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock worth $239,000 after buying an additional 325 shares during the last quarter. Opal Capital LLC acquired a new position in JPMorgan Active Small Cap Value ETF during the fourth quarter worth approximately $359,000. Finally, Geneos Wealth Management Inc. raised its stake in JPMorgan Active Small Cap Value ETF by 7.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 149,251 shares of the company’s stock valued at $8,658,000 after buying an additional 10,007 shares during the period.

JPMorgan Active Small Cap Value ETF Stock Performance

Shares of JPSV remained flat at $71.55 during mid-day trading on Thursday. 303 shares of the stock traded hands, compared to its average volume of 631. JPMorgan Active Small Cap Value ETF has a one year low of $55.67 and a one year high of $71.77. The firm has a market capitalization of $28.62 million, a P/E ratio of 15.78 and a beta of 0.82. The stock has a 50 day moving average of $68.52 and a 200-day moving average of $64.05.

JPMorgan Active Small Cap Value ETF Company Profile

The JPMorgan Active Small Cap Value ETF (JPSV) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively managed, non-transparent ETF that provides exposure to US small-cap value stocks. The fund utilizes the Natixis\u002FNYSE proxy portfolio model JPSV was launched on Mar 7, 2023 and is managed by JPMorgan Chase.