JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Sets New 12-Month High – Here’s What Happened

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $60.64 and last traded at $60.64, with a volume of 3005 shares. The stock had previously closed at $60.09.

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

The business’s fifty day moving average price is $59.14 and its two-hundred day moving average price is $56.23. The stock has a market capitalization of $607.98 million, a P/E ratio of 15.86 and a beta of 0.98.

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

Several large investors have recently added to or reduced their stakes in JPSE. Private Wealth Management Group LLC purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter valued at approximately $63,000. Horizon Investments LLC boosted its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% in the 4th quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock worth $65,000 after purchasing an additional 804 shares during the period. Caldwell Trust Co bought a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter valued at approximately $65,000. N.E.W. Advisory Services LLC raised its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% during the 4th 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 period. Finally, Trademark Financial Management LLC bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the first quarter worth $202,000.

About JPMorgan Diversified Return U.S. Small Cap Equity ETF

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.