Royal Bank of Canada Has $15.71 Million Stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

Royal Bank of Canada reduced its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 2.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 299,535 shares of the company’s stock after selling 8,674 shares during the quarter. Royal Bank of Canada owned about 2.95% of JPMorgan Diversified Return U.S. Small Cap Equity ETF worth $15,705,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Private Wealth Management Group LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth about $63,000. Horizon Investments LLC grew its holdings in 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 valued at $65,000 after buying an additional 804 shares during the last quarter. Caldwell Trust Co acquired a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter valued at approximately $65,000. N.E.W. Advisory Services LLC increased its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% in the 4th quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock worth $143,000 after buying an additional 2,502 shares during the period. Finally, Trademark Financial Management LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the first quarter worth approximately $202,000.

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

NYSEARCA:JPSE opened at $60.74 on Friday. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a one year low of $46.44 and a one year high of $61.11. The company has a fifty day moving average price of $59.32 and a 200 day moving average price of $56.41. The stock has a market cap of $606.19 million, a P/E ratio of 15.86 and a beta of 0.99.

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.