Teamwork Financial Advisors LLC Trims Stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

Teamwork Financial Advisors LLC reduced its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 82.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,904 shares of the company’s stock after selling 275,221 shares during the period. Teamwork Financial Advisors LLC owned approximately 0.53% of JPMorgan Diversified Return U.S. Small Cap Equity ETF worth $2,710,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Capital Advisors Wealth Management LLC grew its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 58.6% during the 4th quarter. Capital Advisors Wealth Management LLC now owns 383,263 shares of the company’s stock valued at $17,940,000 after purchasing an additional 141,637 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 10.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,580 shares of the company’s stock valued at $844,000 after purchasing an additional 1,602 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter valued at $423,000. Zega Financial LLC grew its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 44.9% during the 3rd quarter. Zega Financial LLC now owns 24,896 shares of the company’s stock valued at $1,196,000 after purchasing an additional 7,714 shares in the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 0.3% during the 3rd quarter. Stifel Financial Corp now owns 190,829 shares of the company’s stock worth $9,166,000 after acquiring an additional 541 shares during the last quarter.

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

NYSEARCA JPSE opened at $47.98 on Thursday. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 52-week low of $41.63 and a 52-week high of $52.04. The company has a market capitalization of $527.78 million, a P/E ratio of 11.90 and a beta of 1.07. The company has a fifty day moving average of $48.66 and a 200-day moving average of $47.55.

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