Schmidt P J Investment Management Inc. Buys New Stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

Schmidt P J Investment Management Inc. acquired a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,369 shares of the company’s stock, valued at approximately $528,000. Schmidt P J Investment Management Inc. owned about 0.09% of JPMorgan Diversified Return U.S. Small Cap Equity ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE raised its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.4% in the first quarter. Bank of America Corp DE now owns 610,879 shares of the company’s stock worth $32,028,000 after acquiring an additional 25,608 shares during the period. Hartford Financial Management Inc. bought a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter valued at approximately $18,302,000. Aprio Wealth Management LLC bought a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter valued at approximately $14,048,000. Goldstein Advisors LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter worth approximately $14,166,000. Finally, Gerber Kawasaki Wealth & Investment Management purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter worth approximately $10,882,000.

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

NYSEARCA:JPSE opened at $58.38 on Thursday. The stock has a market capitalization of $583.80 million, a PE ratio of 15.67 and a beta of 1.01. The firm’s 50 day moving average is $57.78 and its 200 day moving average is $56.98. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12 month low of $47.44 and a 12 month high of $61.27.

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