JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) Trading Up 0.1% – Here’s Why

JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN)’s stock price shot up 0.1% on Monday . The company traded as high as $75.13 and last traded at $75.11. Approximately 3,105 shares changed hands during trading, a decline of 81% from the average session volume of 16,095 shares. The stock had previously closed at $75.07.

JPMorgan Diversified Return International Equity ETF Stock Performance

The stock’s fifty day simple moving average is $73.73 and its two-hundred day simple moving average is $73.27. The company has a market cap of $368.04 million, a price-to-earnings ratio of 12.60 and a beta of 0.67.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JPIN. UBS Group AG grew its position in JPMorgan Diversified Return International Equity ETF by 0.3% during the third quarter. UBS Group AG now owns 478,316 shares of the company’s stock valued at $31,861,000 after acquiring an additional 1,236 shares during the period. Royal Bank of Canada lifted its stake in shares of JPMorgan Diversified Return International Equity ETF by 102.0% in the 4th quarter. Royal Bank of Canada now owns 178,135 shares of the company’s stock valued at $12,138,000 after purchasing an additional 89,957 shares in the last quarter. Sterneck Capital Management LLC lifted its stake in shares of JPMorgan Diversified Return International Equity ETF by 1.9% in the 1st quarter. Sterneck Capital Management LLC now owns 172,204 shares of the company’s stock valued at $12,268,000 after purchasing an additional 3,148 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of JPMorgan Diversified Return International Equity ETF by 1.4% during the 4th quarter. Captrust Financial Advisors now owns 163,054 shares of the company’s stock worth $11,111,000 after purchasing an additional 2,325 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of JPMorgan Diversified Return International Equity ETF by 2.6% during the 4th quarter. LPL Financial LLC now owns 145,624 shares of the company’s stock worth $9,923,000 after purchasing an additional 3,701 shares during the period.

JPMorgan Diversified Return International Equity ETF Company Profile

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.