JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS) is Sterneck Capital Management LLC’s 5th Largest Position

Sterneck Capital Management LLC trimmed its position in shares of JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 80,568 shares of the company’s stock after selling 1,242 shares during the quarter. JPMorgan Diversified Return US Equity ETF makes up approximately 5.0% of Sterneck Capital Management LLC’s holdings, making the stock its 5th largest position. Sterneck Capital Management LLC owned 2.02% of JPMorgan Diversified Return US Equity ETF worth $9,194,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JPUS. Apollon Wealth Management LLC boosted its position in shares of JPMorgan Diversified Return US Equity ETF by 2.7% during the third quarter. Apollon Wealth Management LLC now owns 37,295 shares of the company’s stock valued at $4,463,000 after purchasing an additional 977 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in JPMorgan Diversified Return US Equity ETF by 2.0% during the second quarter. Commonwealth Equity Services LLC now owns 19,118 shares of the company’s stock valued at $2,087,000 after buying an additional 375 shares during the period. CreativeOne Wealth LLC boosted its holdings in shares of JPMorgan Diversified Return US Equity ETF by 10.4% during the 3rd quarter. CreativeOne Wealth LLC now owns 4,573 shares of the company’s stock valued at $547,000 after buying an additional 432 shares in the last quarter. Nwam LLC purchased a new stake in shares of JPMorgan Diversified Return US Equity ETF in the 3rd quarter worth about $463,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of JPMorgan Diversified Return US Equity ETF in the 3rd quarter worth about $250,000.

JPMorgan Diversified Return US Equity ETF Price Performance

Shares of NYSEARCA JPUS opened at $114.38 on Wednesday. JPMorgan Diversified Return US Equity ETF has a 1 year low of $100.85 and a 1 year high of $124.10. The firm has a 50-day moving average of $118.91 and a 200 day moving average of $116.51. The stock has a market cap of $455.23 million, a P/E ratio of 16.38 and a beta of 0.80.

JPMorgan Diversified Return US Equity ETF Company Profile

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.