Modera Wealth Management LLC Makes New $31.32 Million Investment in JPMorgan Diversified Return U.S. Equity ETF $JPUS

Modera Wealth Management LLC acquired a new position in JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 230,745 shares of the company’s stock, valued at approximately $31,317,000. Modera Wealth Management LLC owned approximately 7.03% of JPMorgan Diversified Return U.S. Equity ETF at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. RHS Financial LLC lifted its position in JPMorgan Diversified Return U.S. Equity ETF by 195.1% in the 3rd quarter. RHS Financial LLC now owns 39,812 shares of the company’s stock worth $5,403,000 after buying an additional 26,320 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in shares of JPMorgan Diversified Return U.S. Equity ETF during the 3rd quarter valued at $2,105,000. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Equity ETF during the 1st quarter valued at $1,350,000. Citadel Advisors LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Equity ETF in the second quarter worth $2,355,000. Finally, Berkeley Inc acquired a new position in shares of JPMorgan Diversified Return U.S. Equity ETF in the third quarter worth $3,545,000.

JPMorgan Diversified Return U.S. Equity ETF Trading Down 0.4%

Shares of NYSEARCA:JPUS opened at $142.45 on Friday. The firm has a market cap of $467.24 million, a price-to-earnings ratio of 17.74 and a beta of 0.80. JPMorgan Diversified Return U.S. Equity ETF has a 1 year low of $120.16 and a 1 year high of $146.35. The business has a fifty day simple moving average of $140.56 and a 200 day simple moving average of $137.36.

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.