JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) Stock Price Down 1.1% – Should You Sell?

JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) traded down 1.1% on Thursday. The company traded as low as $72.69 and last traded at $73.01. 13,746 shares were traded during mid-day trading, a decline of 11% from the average session volume of 15,434 shares. The stock had previously closed at $73.81.

JPMorgan Diversified Return International Equity ETF Price Performance

The company has a market capitalization of $372.35 million, a P/E ratio of 12.60 and a beta of 0.68. The firm has a fifty day moving average price of $76.02 and a 200-day moving average price of $74.21.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of JPIN. Vise Technologies Inc. increased its stake in shares of JPMorgan Diversified Return International Equity ETF by 8.3% in the fourth quarter. Vise Technologies Inc. now owns 13,966 shares of the company’s stock worth $952,000 after purchasing an additional 1,072 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of JPMorgan Diversified Return International Equity ETF during the 2nd quarter valued at approximately $105,000. Sherman Wealth Management LLC lifted its stake in shares of JPMorgan Diversified Return International Equity ETF by 8.9% during the 2nd quarter. Sherman Wealth Management LLC now owns 19,387 shares of the company’s stock valued at $1,402,000 after buying an additional 1,581 shares in the last quarter. Sterneck Capital Management LLC boosted its holdings in 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 worth $12,268,000 after buying an additional 3,148 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in JPMorgan Diversified Return International Equity ETF by 37.1% in the 2nd quarter. NewEdge Advisors LLC now owns 14,478 shares of the company’s stock worth $1,047,000 after buying an additional 3,919 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.