Schmidt P J Investment Management Inc. Raises Stock Holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

Schmidt P J Investment Management Inc. boosted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 2.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 22,435 shares of the company’s stock after acquiring an additional 470 shares during the period. Schmidt P J Investment Management Inc.’s holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF were worth $1,050,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of JPSE. Private Trust Co. NA increased its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 50.2% during the 3rd quarter. Private Trust Co. NA now owns 1,263 shares of the company’s stock valued at $61,000 after purchasing an additional 422 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the third quarter worth $213,000. Sanctuary Advisors LLC bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the third quarter valued at $423,000. Nottingham Advisors Inc. bought a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter worth $530,000. Finally, Pinnacle Associates Ltd. lifted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 26.5% in the 3rd quarter. Pinnacle Associates Ltd. now owns 11,205 shares of the company’s stock worth $494,000 after purchasing an additional 2,346 shares during the period.

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

Shares of NYSEARCA JPSE opened at $47.60 on Thursday. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 1 year low of $41.83 and a 1 year high of $52.04. The stock has a market capitalization of $523.60 million, a P/E ratio of 11.90 and a beta of 1.07. The company’s 50-day moving average is $48.21 and its 200 day moving average is $47.70.

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

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.