JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Short Interest Down 66.3% in May

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 1,399 shares, a decrease of 66.3% from the May 14th total of 4,157 shares. Based on an average trading volume of 11,293 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Trading of JPMorgan Diversified Return U.S. Mid Cap Equity ETF

Several hedge funds have recently modified their holdings of JPME. Fifth Third Bancorp purchased a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the first quarter valued at about $33,000. MAI Capital Management lifted its position 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 buying an additional 133 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 355.7% during the fourth quarter. Farther Finance Advisors LLC now owns 793 shares of the company’s stock valued at $86,000 after buying an additional 619 shares during the last quarter. Cary Street Partners Financial LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the third quarter valued at about $220,000. Finally, Luts & Greenleigh Group Inc. purchased a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the third quarter valued at about $222,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Up 0.9%

NYSEARCA:JPME traded up $1.13 during mid-day trading on Friday, reaching $124.83. The company’s stock had a trading volume of 3,570 shares, compared to its average volume of 12,840. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 1 year low of $101.81 and a 1 year high of $124.93. The stock has a fifty day moving average of $120.50 and a 200-day moving average of $115.80. The firm has a market capitalization of $449.39 million, a PE ratio of 17.00 and a beta of 0.88.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Company Profile

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.