JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Stock Price Up 0.4% – Time to Buy?

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUSGet Free Report)’s stock price was up 0.4% during trading on Friday . The company traded as high as $140.78 and last traded at $140.68. Approximately 6,624 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 9,832 shares. The stock had previously closed at $140.11.

JPMorgan Diversified Return U.S. Equity ETF Stock Performance

The company has a 50-day moving average of $138.04 and a 200-day moving average of $133.70. The stock has a market cap of $457.21 million, a price-to-earnings ratio of 17.74 and a beta of 0.80.

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

Large investors have recently modified their holdings of the stock. Horizon Investments LLC purchased a new position in JPMorgan Diversified Return U.S. Equity ETF in the 3rd quarter valued at $37,000. Harbor Asset Planning Inc. purchased a new position in JPMorgan Diversified Return U.S. Equity ETF during the 4th quarter worth $49,000. Cassaday & Co Wealth Management LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Equity ETF in the 1st quarter worth $83,000. CIBC Private Wealth Group LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Equity ETF in the 4th quarter worth $91,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of 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 acquiring an additional 502 shares in the last quarter.

About JPMorgan Diversified Return U.S. Equity ETF

(Get Free Report)

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.

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