JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE Shares Newly Bought by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management purchased a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 193,222 shares of the company’s stock, valued at approximately $10,882,000.

Several other institutional investors also recently bought and sold shares of the business. Lodestone Wealth Management LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the third quarter valued at approximately $25,000. IFP Advisors Inc acquired a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter valued at $39,000. Curry Webb Wealth Management LLC acquired a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter valued at $112,000. Albion Financial Group UT acquired a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter valued at $141,000. Finally, Farther Finance Advisors LLC purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter worth $167,000.

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

Shares of NYSEARCA JPSE opened at $57.74 on Tuesday. The firm has a fifty day moving average of $57.86 and a 200 day moving average of $56.94. The firm has a market cap of $577.40 million, a PE ratio of 15.86 and a beta of 1.00. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a one year low of $47.44 and a one year high of $61.27.

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.