JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Sees Unusually-High Trading Volume – What’s Next?

Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) saw strong trading volume on Friday . 18,936 shares changed hands during mid-day trading, a decline of 11% from the previous session’s volume of 21,192 shares.The stock last traded at $54.47 and had previously closed at $53.93.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Performance

The company has a 50 day moving average of $52.10 and a two-hundred day moving average of $50.11. The stock has a market capitalization of $557.44 million, a PE ratio of 15.86 and a beta of 1.04.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Aprio Wealth Management LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter valued at approximately $15,540,000. Hartford Financial Management Inc. grew its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 97.7% during the 2nd quarter. Hartford Financial Management Inc. now owns 315,333 shares of the company’s stock worth $14,344,000 after buying an additional 155,815 shares during the last quarter. Truist Financial Corp acquired a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter worth $5,384,000. Envestnet Asset Management Inc. lifted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 61.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 196,437 shares of the company’s stock worth $9,785,000 after acquiring an additional 74,870 shares during the period. Finally, Western Wealth Management LLC purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter worth $1,725,000.

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

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. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.