JPMorgan Chase & Co. Decreases Stock Position in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

JPMorgan Chase & Co. lowered its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 8.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,139 shares of the company’s stock after selling 1,441 shares during the quarter. JPMorgan Chase & Co. owned about 0.15% of JPMorgan Diversified Return U.S. Small Cap Equity ETF worth $755,000 as of its most recent SEC filing.

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

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Up 0.3 %

Shares of NYSEARCA JPSE opened at $41.86 on Tuesday. The firm’s 50-day moving average price is $42.80 and its 200-day moving average price is $46.40. The stock has a market capitalization of $426.13 million, a price-to-earnings ratio of 14.41 and a beta of 1.06. 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.

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