McLaughlin Asset Management Inc. Acquires Shares of 12,190 JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

McLaughlin Asset Management Inc. acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 12,190 shares of the company’s stock, valued at approximately $610,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Lodestone Wealth Management LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter valued at about $33,000. Private Wealth Management Group LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter valued at about $63,000. Horizon Investments LLC grew its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% during the 4th quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock worth $65,000 after buying an additional 804 shares during the last quarter. Caldwell Trust Co purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth approximately $65,000. Finally, N.E.W. Advisory Services LLC increased its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% during the fourth 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.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Up 1.3%

JPSE opened at $59.22 on Friday. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 52 week low of $44.40 and a 52 week high of $60.01. The business’s 50 day moving average is $57.36 and its two-hundred day moving average is $54.34. The firm has a market cap of $601.08 million, a price-to-earnings ratio of 15.86 and a beta of 0.99.

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. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.