JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Sees Large Decline in Short Interest

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 88 shares, a decline of 78.7% from the May 31st total of 413 shares. Based on an average daily volume of 282 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of JPSV. Royal Bank of Canada boosted its position in 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 acquiring an additional 198 shares during the period. Citadel Advisors LLC lifted its position in shares of JPMorgan Active Small Cap Value ETF by 8.7% in the third quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock worth $239,000 after purchasing an additional 325 shares in the last quarter. Opal Capital LLC acquired a new stake in shares of JPMorgan Active Small Cap Value ETF during the fourth quarter worth approximately $359,000. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of JPMorgan Active Small Cap Value ETF by 7.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 149,251 shares of the company’s stock worth $8,658,000 after purchasing an additional 10,007 shares during the period.

JPMorgan Active Small Cap Value ETF Trading Up 1.1%

NYSEARCA:JPSV traded up $0.77 during trading hours on Friday, hitting $69.05. 3,203 shares of the stock traded hands, compared to its average volume of 669. The firm has a 50 day moving average price of $64.49 and a 200 day moving average price of $61.70. The firm has a market cap of $27.62 million, a price-to-earnings ratio of 15.78 and a beta of 0.87. JPMorgan Active Small Cap Value ETF has a fifty-two week low of $55.37 and a fifty-two week high of $69.05.

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.