JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Sets New 52-Week High – What’s Next?

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSEGet Free Report) reached a new 52-week high on Thursday . The stock traded as high as $60.02 and last traded at $59.92, with a volume of 2857 shares. The stock had previously closed at $59.35.

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

The business’s 50 day moving average price is $57.70 and its 200-day moving average price is $54.59. The company has a market cap of $609.91 million, a P/E ratio of 15.86 and a beta of 0.99.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Aprio Wealth Management LLC acquired a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter worth $15,540,000. Financial Solutions Advisory Group Inc. acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the first quarter valued at $7,701,000. LPL Financial LLC raised its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.5% in the fourth quarter. LPL Financial LLC now owns 900,097 shares of the company’s stock valued at $45,071,000 after buying an additional 38,838 shares during the last quarter. Vantus Wealth LLC bought a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter valued at about $1,349,000. Finally, Advyzon Investment Management LLC acquired a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth about $1,346,000.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Company Profile

(Get Free Report)

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.

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