JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) saw an uptick in trading volume on Monday . 52,972 shares were traded during mid-day trading, an increase of 137% from the previous session’s volume of 22,337 shares.The stock last traded at $53.8950 and had previously closed at $54.98.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Down 1.5%

The stock has a market capitalization of $549.93 million, a PE ratio of 15.86 and a beta of 1.04. The company’s 50-day moving average is $52.87 and its 200 day moving average is $50.74.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Schmidt P J Investment Management Inc. raised its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 3.9% in the 2nd quarter. Schmidt P J Investment Management Inc. now owns 23,697 shares of the company’s stock valued at $1,078,000 after purchasing an additional 899 shares during the last quarter. Mendel Money Management increased its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 5.2% in the second quarter. Mendel Money Management now owns 9,961 shares of the company’s stock valued at $453,000 after purchasing an additional 491 shares during the last quarter. Ipsen Advisor Group LLC lifted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 3.9% during the second quarter. Ipsen Advisor Group LLC now owns 111,067 shares of the company’s stock worth $5,052,000 after buying an additional 4,120 shares in the last quarter. Cetera Investment Advisers lifted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 7.8% during the second quarter. Cetera Investment Advisers now owns 51,050 shares of the company’s stock worth $2,322,000 after buying an additional 3,673 shares in the last quarter. Finally, Kingsview Wealth Management LLC boosted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 22.1% during the second quarter. Kingsview Wealth Management LLC now owns 104,901 shares of the company’s stock worth $4,772,000 after buying an additional 19,002 shares during the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Company 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.