JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Reaches New 12-Month High – Time to Buy?

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $57.06 and last traded at $57.02, with a volume of 5998 shares trading hands. The stock had previously closed at $56.71.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Up 0.5%

The business’s fifty day moving average is $53.73 and its two-hundred day moving average is $51.94. The company has a market capitalization of $578.65 million, a PE ratio of 15.86 and a beta of 1.00.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Lodestone Wealth Management LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter valued at about $33,000. Private Wealth Management Group LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter valued at about $63,000. Caldwell Trust Co purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter valued at about $65,000. Horizon Investments LLC increased its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% during the 4th quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock valued at $65,000 after purchasing an additional 804 shares during the last quarter. Finally, N.E.W. Advisory Services LLC increased its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% during the 4th quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock valued at $143,000 after purchasing an additional 2,502 shares during the last quarter.

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.