Sterneck Capital Management LLC Raises Stock Position in JPMorgan Diversified Return U.S. Equity ETF $JPUS

Sterneck Capital Management LLC increased its holdings in JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) by 3.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 84,758 shares of the company’s stock after purchasing an additional 3,162 shares during the quarter. JPMorgan Diversified Return U.S. Equity ETF makes up 5.1% of Sterneck Capital Management LLC’s investment portfolio, making the stock its 6th biggest holding. Sterneck Capital Management LLC owned approximately 2.71% of JPMorgan Diversified Return U.S. Equity ETF worth $10,018,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 16.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 183,077 shares of the company’s stock worth $21,090,000 after purchasing an additional 26,429 shares during the last quarter. Ameriprise Financial Inc. grew its stake 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 worth $395,000 after purchasing an additional 144 shares during the last quarter. LPL Financial LLC grew its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 53.8% in the first quarter. LPL Financial LLC now owns 34,545 shares of the company’s stock worth $3,980,000 after purchasing an additional 12,084 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 67.3% in the second quarter. Farther Finance Advisors LLC now owns 11,709 shares of the company’s stock worth $1,384,000 after purchasing an additional 4,710 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 12.9% in the first quarter. Apollon Wealth Management LLC now owns 45,092 shares of the company’s stock worth $5,195,000 after purchasing an additional 5,166 shares during the last quarter.

JPMorgan Diversified Return U.S. Equity ETF Stock Up 1.0%

Shares of JPMorgan Diversified Return U.S. Equity ETF stock opened at $123.36 on Friday. JPMorgan Diversified Return U.S. Equity ETF has a twelve month low of $101.63 and a twelve month high of $125.03. The stock has a market cap of $388.58 million, a price-to-earnings ratio of 17.74 and a beta of 0.96. The company’s fifty day moving average is $121.67 and its 200 day moving average is $117.08.

JPMorgan Diversified Return U.S. Equity ETF 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.