Planning Alternatives Ltd. ADV Reduces Position in JPMorgan Diversified Return U.S. Equity ETF $JPUS

Planning Alternatives Ltd. ADV decreased its holdings in JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) by 30.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,002 shares of the company’s stock after selling 6,692 shares during the quarter. JPMorgan Diversified Return U.S. Equity ETF makes up 0.2% of Planning Alternatives Ltd. ADV’s portfolio, making the stock its 22nd biggest position. Planning Alternatives Ltd. ADV owned 0.47% of JPMorgan Diversified Return U.S. Equity ETF worth $1,859,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. acquired a new stake in JPMorgan Diversified Return U.S. Equity ETF during the 2nd quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. grew its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 112.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 948 shares of the company’s stock worth $112,000 after buying an additional 502 shares in the last quarter. Patten Group Inc. grew its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 13.3% during the third quarter. Patten Group Inc. now owns 5,527 shares of the company’s stock worth $685,000 after buying an additional 649 shares in the last quarter. Sterneck Capital Management LLC increased its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 1.9% in the third quarter. Sterneck Capital Management LLC now owns 86,400 shares of the company’s stock worth $10,706,000 after buying an additional 1,642 shares during the last quarter. Finally, Independent Wealth Network Inc. raised its holdings in JPMorgan Diversified Return U.S. Equity ETF by 14.6% in the third quarter. Independent Wealth Network Inc. now owns 14,495 shares of the company’s stock valued at $1,796,000 after acquiring an additional 1,851 shares in the last quarter.

JPMorgan Diversified Return U.S. Equity ETF Price Performance

NYSEARCA JPUS opened at $135.18 on Wednesday. The company has a market capitalization of $419.06 million, a price-to-earnings ratio of 17.74 and a beta of 0.87. JPMorgan Diversified Return U.S. Equity ETF has a 12 month low of $101.63 and a 12 month high of $137.48. The company’s fifty day moving average price is $130.46 and its two-hundred day moving average price is $125.80.

JPMorgan Diversified Return U.S. Equity ETF Profile

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.