Envestnet Asset Management Inc. Has $6.28 Million Position in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

Envestnet Asset Management Inc. cut its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 3.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 134,086 shares of the company’s stock after selling 4,547 shares during the period. Envestnet Asset Management Inc. owned approximately 1.22% of JPMorgan Diversified Return U.S. Small Cap Equity ETF worth $6,276,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter valued at about $65,305,000. Capital Advisors Wealth Management LLC grew its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 58.6% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 383,263 shares of the company’s stock valued at $17,940,000 after acquiring an additional 141,637 shares during the period. Ipsen Advisor Group LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter valued at approximately $4,842,000. LPL Financial LLC raised its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 11.2% during the fourth quarter. LPL Financial LLC now owns 615,084 shares of the company’s stock worth $28,791,000 after purchasing an additional 62,039 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 63.8% in the 4th quarter. Jones Financial Companies Lllp now owns 70,948 shares of the company’s stock worth $3,321,000 after purchasing an additional 27,622 shares in the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Down 1.9 %

Shares of JPSE stock opened at $39.85 on Tuesday. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12 month low of $37.66 and a 12 month high of $52.05. The firm has a market capitalization of $405.67 million, a PE ratio of 14.41 and a beta of 1.06. The firm has a fifty day simple moving average of $43.37 and a two-hundred day simple moving average of $46.61.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Profile

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting.