Hershey Financial Advisers LLC Makes New $1.35 Million Investment in JPMorgan Diversified Return U.S. Equity ETF $JPUS

Hershey Financial Advisers LLC bought a new position in shares of JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) during the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 10,367 shares of the company’s stock, valued at approximately $1,350,000.

A number of other institutional investors have also recently modified their holdings of JPUS. Horizon Investments LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Equity ETF in the 3rd quarter valued at about $37,000. Harbor Asset Planning Inc. purchased a new position in JPMorgan Diversified Return U.S. Equity ETF during the fourth quarter worth approximately $49,000. CIBC Private Wealth Group LLC purchased a new position in JPMorgan Diversified Return U.S. Equity ETF during the fourth quarter worth approximately $91,000. Northwestern Mutual Wealth Management Co. grew its holdings in JPMorgan Diversified Return U.S. Equity ETF by 112.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 948 shares of the company’s stock valued at $112,000 after purchasing an additional 502 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in JPMorgan Diversified Return U.S. Equity ETF in the third quarter valued at approximately $115,000.

JPMorgan Diversified Return U.S. Equity ETF Price Performance

JPMorgan Diversified Return U.S. Equity ETF stock opened at $141.10 on Friday. The stock has a market capitalization of $451.52 million, a PE ratio of 17.74 and a beta of 0.80. The business has a 50 day simple moving average of $138.46 and a 200-day simple moving average of $134.24. JPMorgan Diversified Return U.S. Equity ETF has a 12 month low of $117.15 and a 12 month high of $142.43.

JPMorgan Diversified Return U.S. 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. JPUS was launched on Sep 29, 2015 and is managed by JPMorgan Chase.