JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Short Interest Down 83.2% in March
by Renee Jackson · The Cerbat GemJPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM – Get Free Report) saw a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 2,799 shares, a drop of 83.2% from the March 15th total of 16,644 shares. Based on an average daily trading volume, of 65,531 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
Institutional Trading of JPMorgan Diversified Return Emerging Markets Equity ETF
Several hedge funds have recently made changes to their positions in JPEM. Aptus Capital Advisors LLC lifted its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 475.0% in the 4th quarter. Aptus Capital Advisors LLC now owns 575 shares of the company’s stock worth $35,000 after purchasing an additional 475 shares during the last quarter. CWM LLC bought a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 4th quarter worth approximately $59,000. Farther Finance Advisors LLC lifted its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 126.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,248 shares of the company’s stock worth $76,000 after purchasing an additional 696 shares during the last quarter. First Horizon Corp bought a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 4th quarter worth approximately $83,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 4th quarter worth approximately $87,000.
JPMorgan Diversified Return Emerging Markets Equity ETF Stock Up 0.4%
NYSEARCA:JPEM traded up $0.27 during trading hours on Friday, reaching $65.04. 8,014 shares of the stock were exchanged, compared to its average volume of 32,647. The firm has a 50 day simple moving average of $63.90 and a 200-day simple moving average of $61.85. JPMorgan Diversified Return Emerging Markets Equity ETF has a 52 week low of $50.57 and a 52 week high of $67.40. The stock has a market capitalization of $390.24 million, a P/E ratio of 11.40 and a beta of 0.47.
JPMorgan Diversified Return Emerging Markets Equity ETF Company Profile
The JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market equities, selected by multiple factors. Stocks are weighted by market cap and inversely by risk relative to geographic and sector groupings. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.