JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Trading 0.4% Higher – Here’s What Happened

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS)’s stock price rose 0.4% during trading on Friday . The company traded as high as $140.78 and last traded at $140.68. Approximately 6,624 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 9,832 shares. The stock had previously closed at $140.11.

JPMorgan Diversified Return U.S. Equity ETF Stock Performance

The company has a 50-day simple moving average of $138.04 and a 200-day simple moving average of $133.70. The company has a market cap of $457.21 million, a price-to-earnings ratio of 17.74 and a beta of 0.80.

Institutional Trading of JPMorgan Diversified Return U.S. Equity ETF

Institutional investors have recently modified their holdings of the business. Wealth Enhancement Trust Services Inc. acquired a new position in shares of JPMorgan Diversified Return U.S. Equity ETF during the 4th quarter worth $770,000. Vise Technologies Inc. lifted its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 715.7% in the fourth quarter. Vise Technologies Inc. now owns 23,509 shares of the company’s stock valued at $2,914,000 after purchasing an additional 20,627 shares during the period. Financially in Tune LLC purchased a new stake in JPMorgan Diversified Return U.S. Equity ETF during the fourth quarter worth about $4,853,000. Schiavi & Co LLC boosted its holdings in JPMorgan Diversified Return U.S. Equity ETF by 302.2% during the fourth quarter. Schiavi & Co LLC now owns 26,410 shares of the company’s stock worth $3,273,000 after buying an additional 19,843 shares in the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new position in JPMorgan Diversified Return U.S. Equity ETF during the fourth quarter worth about $190,000.

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.