JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Stake Cut by Clear Point Advisors Inc.

Clear Point Advisors Inc. trimmed its stake in JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) by 5.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 8,613 shares of the company’s stock after selling 517 shares during the quarter. Clear Point Advisors Inc. owned approximately 0.25% of JPMorgan Diversified Return U.S. Equity ETF worth $986,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Ameriflex Group Inc. acquired a new position in JPMorgan Diversified Return U.S. Equity ETF during the fourth quarter worth about $44,000. Private Trust Co. NA grew its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 1,530.8% in the 4th quarter. Private Trust Co. NA now owns 636 shares of the company’s stock valued at $73,000 after buying an additional 597 shares in the last quarter. Kelly Financial Group LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Equity ETF in the 4th quarter valued at approximately $231,000. Ameriprise Financial Inc. grew its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 4.3% in the 4th quarter. Ameriprise Financial Inc. now owns 3,461 shares of the company’s stock valued at $395,000 after buying an additional 144 shares in the last quarter. Finally, HighTower Advisors LLC lifted its holdings in JPMorgan Diversified Return U.S. Equity ETF by 2.8% in the 4th quarter. HighTower Advisors LLC now owns 3,548 shares of the company’s stock worth $405,000 after purchasing an additional 97 shares during the last quarter.

JPMorgan Diversified Return U.S. Equity ETF Stock Performance

JPUS opened at $116.10 on Friday. JPMorgan Diversified Return U.S. Equity ETF has a twelve month low of $101.63 and a twelve month high of $124.10. The firm has a market cap of $363.39 million, a P/E ratio of 17.06 and a beta of 0.88. The business has a 50 day moving average price of $114.14 and a 200 day moving average price of $115.20.

About JPMorgan Diversified Return U.S. Equity ETF

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.