18,515 Shares in JPMorgan Diversified Return International Equity ETF $JPIN Acquired by Sherman Wealth Management LLC

Sherman Wealth Management LLC acquired a new stake in JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 18,515 shares of the company’s stock, valued at approximately $1,262,000. JPMorgan Diversified Return International Equity ETF comprises about 1.1% of Sherman Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in JPIN. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of JPMorgan Diversified Return International Equity ETF during the third quarter worth $623,000. Miracle Mile Advisors LLC acquired a new stake in shares of JPMorgan Diversified Return International Equity ETF during the 3rd quarter valued at $685,000. Osaic Holdings Inc. grew its position in JPMorgan Diversified Return International Equity ETF by 46.4% during the 2nd quarter. Osaic Holdings Inc. now owns 88,579 shares of the company’s stock worth $5,682,000 after acquiring an additional 28,067 shares during the last quarter. Vawter Financial Ltd. acquired a new position in JPMorgan Diversified Return International Equity ETF in the 3rd quarter worth about $487,000. Finally, JPMorgan Chase & Co. increased its holdings in JPMorgan Diversified Return International Equity ETF by 27.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 139,228 shares of the company’s stock worth $8,929,000 after purchasing an additional 30,258 shares in the last quarter.

JPMorgan Diversified Return International Equity ETF Stock Performance

Shares of JPIN stock opened at $69.08 on Monday. The firm has a market capitalization of $345.40 million, a price-to-earnings ratio of 12.60 and a beta of 0.73. The business’s 50-day moving average price is $72.77 and its 200-day moving average price is $69.55. JPMorgan Diversified Return International Equity ETF has a 12 month low of $51.73 and a 12 month high of $77.08.

About JPMorgan 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. JPIN was launched on Nov 7, 2014 and is managed by JPMorgan Chase.