Mendel Money Management Buys 725 Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

Mendel Money Management boosted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 9.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,738 shares of the company’s stock after buying an additional 725 shares during the quarter. Mendel Money Management’s holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF were worth $409,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter valued at $65,305,000. Koss Olinger Consulting LLC lifted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.1% during the fourth quarter. Koss Olinger Consulting LLC now owns 1,237,906 shares of the company’s stock valued at $57,945,000 after purchasing an additional 26,014 shares during the last quarter. LPL Financial LLC raised its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 11.2% during the fourth quarter. LPL Financial LLC now owns 615,084 shares of the company’s stock worth $28,791,000 after acquiring an additional 62,039 shares in the last quarter. Capital Advisors Wealth Management LLC increased its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 58.6% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 383,263 shares of the company’s stock valued at $17,940,000 after buying an additional 141,637 shares during the period. Finally, Goldstein Advisors LLC boosted its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.0% during the 4th quarter. Goldstein Advisors LLC now owns 228,895 shares of the company’s stock valued at $10,714,000 after buying an additional 8,838 shares in the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Down 0.5 %

NYSEARCA:JPSE opened at $44.45 on Wednesday. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 52 week low of $41.87 and a 52 week high of $52.05. The stock has a market cap of $493.40 million, a price-to-earnings ratio of 15.33 and a beta of 1.16. The company’s 50 day moving average price is $46.04 and its 200-day moving average price is $47.48.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be issued a $0.098 dividend. The ex-dividend date is Tuesday, March 25th.

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.