Short Interest in JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Grows By 87.2%

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 21,900 shares, agrowthof87.2% from the June 30th total of 11,700 shares. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is presently 3.1 days. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is presently 3.1 days.

JPMorgan Diversified Return U.S. Equity ETF Stock Down 0.1%

Shares of NYSEARCA JPUS opened at $118.99 on Wednesday. The stock has a market capitalization of $374.82 million, a price-to-earnings ratio of 17.74 and a beta of 0.96. JPMorgan Diversified Return U.S. Equity ETF has a 52 week low of $101.63 and a 52 week high of $124.10. The firm has a 50-day moving average price of $118.10 and a 200 day moving average price of $115.72.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of JPUS. Independent Wealth Network Inc. boosted its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 1.0% in the 2nd quarter. Independent Wealth Network Inc. now owns 12,644 shares of the company’s stock worth $1,494,000 after buying an additional 120 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 4.3% in the fourth quarter. Ameriprise Financial Inc. now owns 3,461 shares of the company’s stock valued at $395,000 after purchasing an additional 144 shares in the last quarter. CreativeOne Wealth LLC grew its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 5.6% in the first quarter. CreativeOne Wealth LLC now owns 3,634 shares of the company’s stock valued at $419,000 after purchasing an additional 192 shares during the last quarter. Nova Wealth Management Inc. increased its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 141.9% during the 2nd quarter. Nova Wealth Management Inc. now owns 537 shares of the company’s stock worth $63,000 after purchasing an additional 315 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 0.6% during the 4th quarter. JPMorgan Chase & Co. now owns 55,523 shares of the company’s stock worth $6,336,000 after purchasing an additional 342 shares in the last quarter.

JPMorgan Diversified Return U.S. Equity ETF Company Profile

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.