JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) Stock Breaks Below Two Hundred Day Moving Average – What’s Next?

JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) shares crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $73.92 and traded as low as $73.71. JPMorgan Diversified Return International Equity ETF shares last traded at $73.91, with a volume of 21,028 shares changing hands.

JPMorgan Diversified Return International Equity ETF Price Performance

The stock’s 50 day simple moving average is $75.14 and its two-hundred day simple moving average is $73.92. The stock has a market capitalization of $384.33 million, a PE ratio of 12.60 and a beta of 0.68.

Institutional Trading of JPMorgan Diversified Return International Equity ETF

Institutional investors have recently modified their holdings of the business. Curry Webb Wealth Management LLC bought a new position in shares of JPMorgan Diversified Return International Equity ETF in the third quarter worth $116,000. Worth Financial Advisory Group LLC grew its position in JPMorgan Diversified Return International Equity ETF by 2.0% during the third quarter. Worth Financial Advisory Group LLC now owns 7,240 shares of the company’s stock worth $534,000 after buying an additional 141 shares in the last quarter. Independent Wealth Network Inc. grew its position in JPMorgan Diversified Return International Equity ETF by 7.4% during the third quarter. Independent Wealth Network Inc. now owns 13,314 shares of the company’s stock worth $983,000 after buying an additional 917 shares in the last quarter. Stonehearth Capital Management LLC purchased a new stake in shares of JPMorgan Diversified Return International Equity ETF in the 3rd quarter valued at about $1,016,000. Finally, RHS Financial LLC raised its holdings in shares of JPMorgan Diversified Return International Equity ETF by 260.0% in the 3rd quarter. RHS Financial LLC now owns 60,358 shares of the company’s stock valued at $4,455,000 after acquiring an additional 43,593 shares in the last quarter.

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.