3Chopt Investment Partners LLC Invests $226,000 in Diversified Return International Equity ETF (NYSEARCA:JPIN)

3Chopt Investment Partners LLC purchased a new position in shares of Diversified Return International Equity ETF (NYSEARCA:JPIN) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 4,094 shares of the company’s stock, valued at approximately $226,000. 3Chopt Investment Partners LLC owned about 0.06% of Diversified Return International Equity ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Mango Investments LLC bought a new position in shares of Diversified Return International Equity ETF in the fourth quarter worth about $5,070,000. MN Wealth Advisors LLC raised its position in Diversified Return International Equity ETF by 8.7% in the 2nd quarter. MN Wealth Advisors LLC now owns 5,644 shares of the company’s stock worth $312,000 after purchasing an additional 452 shares during the last quarter. Finally, Eagle Bay Advisors LLC acquired a new position in Diversified Return International Equity ETF during the 1st quarter worth $30,000.

Diversified Return International Equity ETF Stock Performance

Shares of JPIN opened at $59.90 on Wednesday. Diversified Return International Equity ETF has a 52 week low of $48.28 and a 52 week high of $60.95. The firm has a market capitalization of $395.37 million, a price-to-earnings ratio of 10.92 and a beta of 0.73. The business’s fifty day moving average price is $58.12 and its two-hundred day moving average price is $56.87.

Diversified Return International Equity ETF Profile

The JPMorgan Diversified Return International Equity ETF (JPIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed ex-North America securities that are selected based on value, momentum, and quality factors, then weighted by the inverse of historical volatility on a sector and regional level.