Diversified Return International Equity ETF (NYSEARCA:JPIN) Trading 0.8% Higher – Time to Buy?

Diversified Return International Equity ETF (NYSEARCA:JPIN) shares traded up 0.8% during trading on Wednesday . The company traded as high as $56.36 and last traded at $56.27. 12,235 shares traded hands during trading, a decline of 40% from the average session volume of 20,428 shares. The stock had previously closed at $55.85.

Diversified Return International Equity ETF Trading Up 0.8 %

The firm has a market cap of $371.36 million, a PE ratio of 10.92 and a beta of 0.73. The firm has a fifty day simple moving average of $57.77 and a two-hundred day simple moving average of $57.33.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Diversified Return International Equity ETF stock. MN Wealth Advisors LLC lifted its position in Diversified Return International Equity ETF (NYSEARCA:JPIN) by 19.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,750 shares of the company’s stock after acquiring an additional 1,106 shares during the period. MN Wealth Advisors LLC owned 0.10% of Diversified Return International Equity ETF worth $406,000 as of its most recent SEC filing.

About Diversified Return International Equity ETF

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.