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

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 17,964 shares, a growth of 204.2% from the July 30th total of 5,906 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average trading volume of 4,832 shares, the short-interest ratio is currently 3.7 days.

JPMorgan Diversified Return U.S. Equity ETF Stock Down 0.4%

JPMorgan Diversified Return U.S. Equity ETF stock traded down $0.54 during midday trading on Friday, hitting $143.67. 11,060 shares of the stock were exchanged, compared to its average volume of 9,091. The stock has a market capitalization of $462.62 million, a PE ratio of 17.74 and a beta of 0.80. The company has a fifty day simple moving average of $142.17 and a two-hundred day simple moving average of $137.45. JPMorgan Diversified Return U.S. Equity ETF has a 52 week low of $120.16 and a 52 week high of $146.35.

Hedge Funds Weigh In On JPMorgan Diversified Return U.S. Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC grew its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 146.4% in the 1st quarter. Jane Street Group LLC now owns 12,283 shares of the company’s stock valued at $1,415,000 after buying an additional 7,298 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in JPMorgan Diversified Return U.S. Equity ETF by 112.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 948 shares of the company’s stock worth $112,000 after buying an additional 502 shares during the period. Raymond James Financial Inc. raised its stake in JPMorgan Diversified Return U.S. Equity ETF by 8.5% during the 2nd quarter. Raymond James Financial Inc. now owns 41,068 shares of the company’s stock worth $4,854,000 after buying an additional 3,231 shares during the period. Captrust Financial Advisors lifted its holdings in JPMorgan Diversified Return U.S. Equity ETF by 2.1% during the second quarter. Captrust Financial Advisors now owns 213,423 shares of the company’s stock worth $25,225,000 after acquiring an additional 4,352 shares in the last quarter. Finally, Envestnet Asset Management Inc. bought a new position in JPMorgan Diversified Return U.S. Equity ETF during the third quarter worth about $233,000.

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.