Planning Alternatives Ltd. ADV Sells 3,556 Shares of JPMorgan Diversified Return U.S. Equity ETF $JPUS

Planning Alternatives Ltd. ADV decreased its position in shares of JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) by 29.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,523 shares of the company’s stock after selling 3,556 shares during the period. Planning Alternatives Ltd. ADV owned about 0.26% of JPMorgan Diversified Return U.S. Equity ETF worth $1,110,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Horizon Investments LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Equity ETF in the 3rd quarter worth approximately $37,000. Harbor Asset Planning Inc. acquired a new stake in JPMorgan Diversified Return U.S. Equity ETF during the 4th quarter valued at $49,000. CIBC Private Wealth Group LLC bought a new position in JPMorgan Diversified Return U.S. Equity ETF in the 4th quarter valued at $91,000. Advisory Services Network LLC bought a new position in JPMorgan Diversified Return U.S. Equity ETF in the 3rd quarter valued at $115,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in 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 worth $112,000 after purchasing an additional 502 shares in the last quarter.

JPMorgan Diversified Return U.S. Equity ETF Stock Performance

JPMorgan Diversified Return U.S. Equity ETF stock opened at $141.10 on Monday. The business’s fifty day moving average is $138.46 and its two-hundred day moving average is $134.31. The firm has a market cap of $451.52 million, a P/E ratio of 17.74 and a beta of 0.80. JPMorgan Diversified Return U.S. Equity ETF has a 52 week low of $117.15 and a 52 week high of $142.43.

About JPMorgan Diversified Return U.S. Equity ETF

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.