JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Sees Unusually-High Trading Volume – Still a Buy?

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) shares saw an uptick in trading volume on Monday . 52,972 shares changed hands during trading, an increase of 137% from the previous session’s volume of 22,337 shares.The stock last traded at $53.8950 and had previously closed at $54.98.

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

The firm’s fifty day moving average price is $52.87 and its two-hundred day moving average price is $50.74. The stock has a market cap of $549.93 million, a P/E ratio of 15.86 and a beta of 1.04.

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

A number of large investors have recently made changes to their positions in the company. Lodestone Wealth Management LLC purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter worth $33,000. Private Wealth Management Group LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter worth about $63,000. Caldwell Trust Co purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter worth about $65,000. Horizon Investments LLC lifted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% in the fourth quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock worth $65,000 after buying an additional 804 shares in the last quarter. Finally, N.E.W. Advisory Services LLC boosted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% during the fourth quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock valued at $143,000 after buying an additional 2,502 shares during the last quarter.

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. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.