JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) Shares Up 0.1% – Here’s What Happened

JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN)’s stock price was up 0.1% during mid-day trading on Monday . The company traded as high as $71.96 and last traded at $71.86. Approximately 23,906 shares were traded during trading, a decline of 36% from the average daily volume of 37,210 shares. The stock had previously closed at $71.78.

JPMorgan Diversified Return International Equity ETF Stock Performance

The firm has a market cap of $380.86 million, a P/E ratio of 12.60 and a beta of 0.73. The firm has a 50 day simple moving average of $69.37 and a 200 day simple moving average of $67.41.

Institutional Trading of JPMorgan Diversified Return International Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Horizon Investments LLC purchased a new stake in JPMorgan Diversified Return International Equity ETF in the 4th quarter worth approximately $33,000. Comerica Bank increased its holdings in shares of JPMorgan Diversified Return International Equity ETF by 4.2% in the fourth quarter. Comerica Bank now owns 5,607 shares of the company’s stock worth $382,000 after purchasing an additional 226 shares during the period. Mendel Money Management increased its holdings in shares of JPMorgan Diversified Return International Equity ETF by 52.2% in the fourth quarter. Mendel Money Management now owns 12,482 shares of the company’s stock worth $851,000 after purchasing an additional 4,279 shares during the period. TBH Global Asset Management LLC purchased a new stake in shares of JPMorgan Diversified Return International Equity ETF in the fourth quarter worth $6,733,000. Finally, 5T Wealth LLC boosted its stake in JPMorgan Diversified Return International Equity ETF by 5.3% during the fourth quarter. 5T Wealth LLC now owns 34,489 shares of the company’s stock valued at $2,350,000 after buying an additional 1,744 shares during the period.

JPMorgan Diversified Return International Equity ETF Company Profile

The JPMorgan Diversified Return International Equity ETF (JPIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed ex-North America securities that are selected based on value, momentum, and quality factors, then weighted by the inverse of historical volatility on a sector and regional level. JPIN was launched on Nov 7, 2014 and is managed by JPMorgan Chase.