Hartford Financial Management Inc. Has $16.69 Million Stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

Hartford Financial Management Inc. boosted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 3.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 333,388 shares of the company’s stock after purchasing an additional 12,394 shares during the period. JPMorgan Diversified Return U.S. Small Cap Equity ETF comprises about 4.3% of Hartford Financial Management Inc.’s investment portfolio, making the stock its 4th biggest position. Hartford Financial Management Inc. owned 3.28% of JPMorgan Diversified Return U.S. Small Cap Equity ETF worth $16,694,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.0% during the 3rd quarter. Bank of America Corp DE now owns 577,634 shares of the company’s stock valued at $28,772,000 after purchasing an additional 5,722 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings 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 valued at $9,785,000 after purchasing an additional 74,870 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management lifted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.2% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 193,075 shares of the company’s stock valued at $9,617,000 after purchasing an additional 4,113 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 192,642 shares of the company’s stock valued at $9,595,000 after purchasing an additional 2,302 shares during the last quarter. Finally, Appleton Partners Inc. MA lifted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.6% during the 4th quarter. Appleton Partners Inc. MA now owns 190,012 shares of the company’s stock valued at $9,515,000 after purchasing an additional 4,756 shares during the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Up 2.5%

Shares of JPSE stock opened at $54.55 on Thursday. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12-month low of $37.66 and a 12-month high of $55.40. The company has a market capitalization of $553.68 million, a P/E ratio of 15.86 and a beta of 1.02. The firm has a 50-day moving average price of $53.49 and a 200 day moving average price of $51.65.

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.